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Titan Biotech Limited to issue 1:4 bonus shares, re-appointing Rohit Jain as director
03-Sep-2026, 01:13

Titan Biotech Limited announced several key decisions following a board meeting, informing the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company will issue bonus shares in a ratio of 1:4, requiring Rs 2,06,59,250 and with an estimated credit/dispatch date of November 3, 2026. Simultaneously, the authorized share capital will increase from Rs 10,00,00,000 to Rs 10,40,00,000, expanding the company’s capacity to issue shares. Additionally, the board re-appointed Mr. Rohit Jain as an Independent Director for a five-year term, from September 30, 2026, to September 29, 2031. Mr. Jain, a Partner at Singhania & Co. LLP, brings extensive legal and corporate experience to the role.