ALPHA TRIBE

Biocon LimitedQIP/Rights/Pref., 29-06-2026: Allotment of Securities

29-06-2026 | 11:22 pm

Biocon acquired 1.15 Cr shares of its subsidiary Biocon Biologics (BBL), making it wholly-owned. Biocon issued 87.86 lakh equity shares at Rs. 376.41 each to 127 BBL selling shareholders as acquisition payment. This boosted Biocon's paid-up capital from ₹810.45 Cr to ₹814.85 Cr.

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