Description
Thyrocare Technologies submits deemed date of allotment (December 1, 2025) and effective listing date (December 2, 2025) for bonus issue in ratio 2:1, totaling 10,61,07,794 equity shares.
Summary
Thyrocare Technologies Limited (Scrip Code: 539871) has submitted to BSE the deemed date of allotment and trading commencement details for its bonus issue. The company will issue 10,61,07,794 equity shares of face value ₹10 each in the ratio of 2:1, pursuant to shareholder approval. The deemed allotment date is December 1, 2025 (T+1 day), with trading to commence on December 2, 2025 (T+2 day). The submission is in compliance with SEBI Circular SEBI/CIR/CFD/PoD/2024/122 dated September 16, 2024.
Key Points
- Bonus ratio: 2:1 (2 bonus shares for every 1 existing share)
- Total bonus shares to be issued: 10,61,07,794 equity shares
- Face value per share: ₹10
- Deemed date of allotment: December 1, 2025 (T+1 day)
- Effective listing date: December 2, 2025 (T+2 day)
- ISIN: INE594H01019
- Distinctive number range: 54012798 to 160120591
- In-Principle Approval obtained from BSE
- Scrutinizer’s Report uploaded 3 working days before record date
- Record date intimation filed on November 16, 2025
Regulatory Changes
No regulatory changes. This circular is a compliance submission under existing SEBI regulations for bonus issues, specifically SEBI Circular SEBI/CIR/CFD/PoD/2024/122 dated September 16, 2024.
Compliance Requirements
Company Undertakings:
- Bonus shares to be credited to the depository system by 12:00 PM on T+1 day (December 1, 2025)
- Bonus equity shares to be available for trading at Beginning of Day (BOD) on T+2 day (December 2, 2025)
- In-Principle Approval obtained from BSE prior to allotment
- Scrutinizer’s Report uploaded on BSE Listing Centre 3 working days before record date
Investors:
- Shareholders as on record date will receive bonus shares in 2:1 ratio
- Bonus shares will be credited to demat accounts by December 1, 2025
Important Dates
- November 16, 2025: Record date intimation filed
- November 17, 2025: Submission date of deemed allotment details
- December 1, 2025: Deemed date of allotment (T+1 day); shares to be credited to depository by 12:00 PM
- December 2, 2025: Effective listing date and trading commencement (T+2 day, BOD)
Impact Assessment
Market Impact:
- Shareholder Value: Existing shareholders will receive 2 additional shares for every 1 share held, tripling their shareholding quantity
- Liquidity: Issuance of over 10.6 crore bonus shares will significantly increase free float and trading liquidity
- Share Price: Expected proportional adjustment in share price post-bonus (theoretical price = pre-bonus price / 3)
- Market Capitalization: No change in overall market cap, but increased accessibility due to lower per-share price
Operational Impact:
- Depositories (NSDL/CDSL) must process and credit 10,61,07,794 shares by December 1, 2025 noon
- Trading systems must be updated for new share count before December 2, 2025 BOD
- Expedited timeline (T+2 trading) requires efficient coordination between company, depositories, and exchange
Investor Impact:
- Positive signal of company’s strong reserves and shareholder-friendly approach
- No tax implications at allotment (bonus shares are tax-neutral)
- Increased affordability and trading flexibility due to lower per-share price post-bonus
Impact Justification
Material corporate action affecting over 10.6 crore shares with 2:1 bonus ratio, significant for existing shareholders and market liquidity