Thyrocare Technologies is set to issue two bonus shares of face value of ₹10 for every one share of face value of ₹10 held.
This is the first instance of bonus shares that Thyrocare has approved for its shareholders. Since 2016, the company has paid dividends worth ₹143.5 per share to its shareholders.
The companies issue bonus shares to capitalise on their free reserves, increase their Earnings Per Share (EPS) and paid-up capital, along with reducing the reserves. Shareholders are issued these shares at no additional cost and hence are also known as free shares.Only those investors will be eligible for bonus shares who will buy the stock before the ex-date. If an investor purchases the shares on the ex-date or after that, they will not be eligible to get bonus shares.
Along with the bonus issue of shares, Thyrocare Technologies had also announced an interim dividend of ₹7 per share for its shareholders.
Promoters of Thyrocare Technologies currently hold a 71.06% stake in the company at the end of the September 2025 quarter.
Shares of Thyrocare Technologies Ltd. ended 5.19% higher on Friday at ₹1,568. The stock has gained 26% in the last one month and is up 70% so far in 2025.
