Concord Biotech Sets November 4 as Record Date for 1:1 Bonus Share Issue
Concord Biotech has announced November 4 as the official record date for its upcoming 1:1 bonus share issue. Shareholders need to acquire and hold the company's stock by November 3 to become eligible for the distribution. The equity closed with a 1.25 percent gain at ₹1,245.30 on October 30.
Effective Record date is November 4, with qualifying share purchase or holding by November 3
For professionals: Concord Biotech has fixed November 4 as the official record date for its 1:1 bonus issue. Market participants must hold or purchase equity shares by November 3 to qualify for this corporate action. Bonus issues capitalize accumulated reserves to issue free additional shares to existing investors without cash outlay.
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