2:1 Bonus Share & 70% Dividend Announced: Multibagger Stock Fell 21.74% After Hitting All-High in Just 1 Day
DSIJ Intelligence-1 / 15 Oct 2025/ Categories: Bonus and Spilt Shares, Dividend, Trending
The stock is up by 83.5 per cent from its 52-week low of Rs 658 per share.
Thyrocare Technologies Limited has announced a bonus Issue of Equity Shares with a face value of Rs 10 each, in a ratio of 2:1, meaning shareholders will receive 2 new shares for every 1 share they currently hold. This issuance is set to capitalise approximately Rs 106.11 crore from the Company's reserves, including the Capital Redemption Reserve, Securities Premium Account, and/or Free Reserves as available on September 30, 2025. A total of approximately 10,61,07,794 new Equity Shares are proposed to be issued. As a result of the bonus issue, the company's Issued, subscribed and paid-up capital is expected to increase from (5,30,53,897 shares) to (15,91,61,691 shares) post-issue, based on the capital structure as of the Board approval date of October 14, 2025. The company's Board has declared an Interim dividend of Rs 7 per equity share (70 per cent of face value) for the Financial Year 2025-26. The Record Date for determining shareholder eligibility for this dividend is Friday, October 24, 2025.
Thyrocare Technologies Limited is a well-known Indian chain of diagnostic and preventive care laboratories, headquartered in Navi Mumbai, that has made its mark by focusing on providing quality diagnostic tests at affordable prices. Since its founding in 1996, the company has scaled its operations using a unique model that features a fully automated Centralised Processing Laboratory (CPL), which is supported by an extensive network of collection centres and a sophisticated Logistics system. This high-volume, cost-efficient strategy allows Thyrocare to offer a wide range of tests, including its popular 'Aarogyam' wellness packages, making healthcare diagnostics accessible to a broad population across India and internationally.
On Wednesday, shares of Thyrocare Technologies Ltd jumped 16.2 per cent and made an all-time high of Rs 1,470 per share. After hitting an all-time high, the stock fell 21.74 per cent to an Intraday low of Rs 1,207.50 per share. The company has a market cap of over Rs 6,500 crore. The stock is up by 83.5 per cent from its 52-week low of Rs 658 per share.
Disclaimer: The article is for informational purposes only and not investment advice.