1:10 Bonus Share: Welcure Drugs Signs LOI with Telexcell for 25% Equity Investment at ₹20 Per Share

Welcure Drugs & Pharmaceuticals Ltd has executed a Letter of Intent with Singapore-based Telexcell Trade PTE LTD for a proposed 25% equity investment at ₹20 per share, along with key board approvals, including a stock split, bonus issue, and capital raise initiatives.

Telexcell’s Strategic Investment and Stake Acquisition

Welcure Drugs announced that Telexcell Trade PTE LTD intends to acquire up to 25% stake in the company at ₹20 per share, a premium to its current market price. This strategic equity investment is planned as an all-cash deal and remains subject to due diligence, regulatory and shareholder approvals. The parties aim to finalise definitive agreements within 90 days.

Bonus Issue and Stock Split Approved

The board approved a 1:10 bonus issue, granting 1 bonus share for every 10 shares held. Additionally, a stock split was cleared, converting each equity share of ₹10 into 10 equity shares of ₹1, subject to shareholder approval via postal ballot. These moves are aimed at improving liquidity and widening investor participation.

Read More: Equity Fund Inflows Rise 15% Annually, Sectoral and Flexi Cap Funds Lead the Surge!

Welcure Drugs & Pharmaceuticals Q1FY26 Earnings Results

Welcure recorded a sharp surge in revenue and profits in Q1FY26. Revenue jumped to ₹299.91 crore from ₹21.21 crore in Q4FY25, marking a 1,300% increase. Net profit soared 830% QoQ to ₹23.29 crore from ₹2.50 crore. The company’s performance was driven by its export-sourcing model, completing 7 assignments totalling ₹299.91 crore with fixed commissions and zero inventory risk.

Future Plans and Global Expansion Strategy

Welcure plans to invest ₹70–80 crore in a cGMP-compliant agro pharma R&D lab and raise ₹80 crore via QIP. It has also secured a ₹517 crore mandate from Fortune Sagar Impex (Thailand), expected to generate ₹25.85 crore in service income during FY26. The company remains debt-free and is positioning itself for global botanical drug markets.

Welcure Drugs & Pharmaceuticals Share Price Performance

On September 4, 2025, Welcure Drugs & Pharmaceuticals share price opened at ₹9.68 on BSE, above the previous close of ₹9.22. The stock is trading at ₹9.68, hitting the upper circuit of 5%. 

Conclusion

Welcure Drugs’ strategic LOI with Telexcell, along with robust financials, bonus issue, and stock split approvals, signal a transformative phase. With international expansion on the horizon and strong operational momentum, the company is aligning its structure for scalable growth and increased investor interest.

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