Welcure Drugs & Pharmaceuticals announced that its Board of Directors will meet on August 22 to consider the proposal on stock split and bonus issue.

The move is aimed at enhancing liquidity and broadening shareholding.

As per the proposal, the company has suggested sub-division of the company’s equity shares in the ratio of one equity share into ten equity shares, subject to approvals as may be required.

The company has also proposed an issue of Bonus Shares up to 1:1 (one bonus equity share for every one equity share held), subject to availability of adequate reserves and receipt of requisite approvals.

Published on August 11, 2025