The board of directors of Biocon will meet on Thursday to approve the audited financial results (both standalone and consolidated) of the company for the year ended March 31, 2017. The company’s board will consider and recommend an issue of bonus shares to its shareholders. The Bangalore-headquartered company had rewarded its shareholders with a 1:1 bonus issue in 2008. Apart from results, investors of Biocon will keep an eye on the bonus ratio.