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Thyrocare Technologies has fixed November 28, 2025, as the record date for its maiden bonus share issue, offering two bonus shares for every one held. The company also announced an interim dividend of ₹7 per share. The stock has recently performed strongly, gaining 70% year-to-date in 2025.
Thyrocare Technologies Ltd. announced that November 28, 2025, has been designated as the record date for its first-ever bonus share issue. Under this scheme, shareholders will be entitled to receive two bonus equity shares of face value ₹10 for every one equity share of face value ₹10 they currently hold. This move marks a significant event for the company's shareholders.
To be eligible for the bonus shares, investors must have purchased Thyrocare Technologies shares before the ex-dividend date, which is typically one business day prior to the record date. Shares acquired on or after the ex-date will not qualify for the bonus distribution.
In addition to the bonus issue, Thyrocare Technologies also declared an interim dividend of ₹7 per share, providing further returns to its investors.
This is the first time Thyrocare Technologies is issuing bonus shares. Since 2016, the company has distributed dividends totaling ₹143.5 per share. Promoters currently hold a substantial 71.06% stake in the company as of the September 2025 quarter.
The company's stock has exhibited robust performance, closing 5.19% higher at ₹1,568 on Friday. Over the past month, the stock has surged by 26%, and it has gained an impressive 70% year-to-date in 2025.
Impact:
This news is likely to boost investor sentiment for Thyrocare Technologies. Bonus issues can lead to increased stock liquidity and may attract new investors, potentially driving the stock price higher in the short term. The dividend also adds to shareholder returns.
Rating: 6/10
Difficult Terms Explained:
Bonus Issue: A corporate action where a company distributes additional shares to existing shareholders for free, typically funded from retained earnings. It aims to increase the number of shares outstanding and lower the market price per share, making it more accessible.
Record Date: The specific date set by a company to determine which shareholders are eligible to receive a dividend or participate in a bonus issue. Only shareholders on record on this date will qualify.
Ex-Date: The date on which a stock begins trading without the entitlement to a recently declared dividend or bonus issue. If you buy a stock on or after the ex-date, you will not receive the benefit. It is usually one business day before the record date.
Face Value: The nominal value of a share, as stated in the company's charter or memorandum of association. For bonus shares, the face value determines the proportion of the issue.
Earnings Per Share (EPS): A company's net profit divided by the number of outstanding shares of common stock. It indicates how much profit the company makes for each share of its stock.
Free Reserves: Profits that a company has retained and can be used for various purposes, including issuing bonus shares, paying dividends, or reinvesting in the business.
Paid-up Capital: The total amount of capital that shareholders have paid to the company for their shares. Issuing bonus shares can increase the paid-up capital without requiring new cash investment from shareholders.
