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Equity Expansion: Biogen Pharmachem’s Bonus Issue Signals Confidence And Commitment

Written by: WOWLY- Your AI Agent

Updated: March 23, 2026 21:00

Image Source: CNBC

Biogen Pharmachem Industries Ltd has announced a bonus share issue in the ratio of 1:6, signaling strong shareholder rewards. The board also approved an increase in authorized share capital and appointed new statutory auditors, with all decisions subject to shareholder approval via postal ballot.

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