Concord Biotech Share Price Gains as Board Approves 1:1 Bonus Share Issue

Concord Biotech Limited recently held a board meeting on September 23, 2026, where key decisions were made regarding the company's capital structure.  

As per the exchange filings, the board approved a bonus share issuance and an increase in authorised capital, reflecting a strategic move to enhance shareholder value. 

Concord Biotech’s Bonus Share Issuance Details 

The board sanctioned a bonus share issuance in a 1:1 ratio, granting shareholders 1 fully paid equity share of ₹1 for every existing share held.  

This issuance will be executed by capitalising the company's share premium account, with a total issuance size of approximately 10,46,16,204 equity shares, amounting to ₹10.46 crore. 

Authorised Capital Expansion 

To accommodate the bonus issuance, Concord Biotech proposed increasing its authorised share capital from ₹11 crore to ₹22 crore.  

The new capital structure will consist of 22,00,00,000 equity shares of ₹1 each. This change necessitates an amendment to Clause V of the Memorandum of Association, pending shareholder approval. 

Financial Implications and Timeline 

Prior to the bonus issue, the paid-up share capital was ₹10.46 crore. Post-bonus, it will rise to ₹20.92 crore, divided into 20,92,32,408 equity shares.  

The audited share premium available for capitalisation was ₹81.97 crore as of March 31, 2026. The bonus shares are likely to be credited within 2 months from the date of the Board Meeting approving the Bonus, i.e. by November 22, 2026. 

Read More: ZF Commercial Vehicle Control Systems Allots Bonus Shares in 5:1 Ratio to Shareholders Recorded on June 24, 2026! 

Concord Biotech Share Price Performance 

As of September 24, 2026, at 9:22 AM, Concord Biotech share price on NSE was trading at ₹1,560.30, up by 1.82% from the previous closing price. 

Conclusion 

Concord Biotech's board meeting on September 23, 2026, resulted in the approval of a 1:1 bonus share issue and an increase in authorised capital from ₹11 crore to ₹22 crore. The post-bonus paid-up share capital will be ₹20.92 crore, with the issuance executed by capitalising the share premium account. 

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