India, Aug. 11 -- Welcure Drugs & Pharmaceuticals on Monday announced that its board will meet on August 22 to discuss proposals for a stock split and a bonus issue.
According to a stock exchange filing, the company has proposed a sub-division of its equity shares in a 1:10 ratio, meaning each existing share will be split into 10 shares.
The board will also evaluate issuing one bonus share for every share held by shareholders, the filing added.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....