Pharma player Anlon Healthcare has announced significant corporate restructuring measures, including a 1:5 stock split and a 1:1 bonus share issuance. The company has fixed April 24, 2026, as the record date for both corporate actions.
Details of the Stock Split
The stock split will divide each existing share with a face value of Rs 10 into five shares, each with a face value of Rs 2. This 1:5 ratio aims to increase the liquidity of Anlon Healthcare's shares in the market.
Bonus Share Issuance
In addition to the stock split, Anlon Healthcare will issue bonus shares in a 1:1 ratio, meaning shareholders will receive one new bonus share for every share they currently hold. This bonus issue will utilize Rs 53,15,15,000 from the company's free reserves, which stood at Rs 147.08 crore as of December 31, 2025.
Financial Impact and Share Capital
Post-subdivision, the current paid-up capital of Rs 53,15,15,000, comprising 5,31,51,500 shares, will transform into 26,57,57,500 shares. Despite the increase in the number of shares, the total paid-up capital value will remain unchanged.
Recent Stock Performance
Anlon Healthcare shares closed 4.04% higher at Rs 135.35 on Monday, bringing the firm's market capitalization to Rs 709.57 crore. The stock has seen a positive trend recently, gaining 18% in the past week and rising 6% over the last month. Technically, the stock's Relative Strength Index (RSI) stands at 67.2, indicating strong momentum. The pharma stock is currently trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day simple moving averages.
Company Background and IPO
Rajkot-based Anlon Healthcare made its debut on the NSE on September 1, 2025, listing at Rs 92, a premium of 1.10% over its issue price of Rs 91. The company's Initial Public Offering (IPO) was open from August 26 to August 29, offering shares in the price band of Rs 86-91 per share with a lot size of 164 shares. Anlon Healthcare successfully raised Rs 121.03 crore through the IPO, which was entirely a fresh sale of 1,33,00,000 equity shares.