Biocon Ltd. — Capital/Financing Update 2022

Nov 24, 2022

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Biocon Limited 20th KM, Hosur Road Electronic City Bangalore 560 100, India T 91 80 2808 2808 F 91 80 2852 3423

CIN : L24234KA1978PLC003417

www.biocon.com

November 23, 2022

November 23, 2022
To,	To,
The Secretary	The Secretary
BSE Limited	National Stock Exchange of India Limited
Department of Corporate Services	Corporate Communication Department
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Bandra Kurla Complex
Dalal Street,Mumbai – 400 001	Mumbai – 400 050
Scrip Code - 532523	Scrip Symbol - BIOCON

Subject: Issue of Commercial Papers of Rs. 2,250 Crores

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our letter dated November 14, 2022, we wish to inform you that the Company has issued Commercial Papers (CP) of Rs. 2,250 Crores on private placement basis, on the terms and conditions given below-

S.No.	Particulars	Remarks
1	Issue Size	Rs. 2,250 Crores
2	Whether proposed to be listed?	Yes
	If yes, name of the stock exchange	Proposed to be listed on National
		Stock Exchange of India Limited
3	Tenure of the instrument	91 days
4	Date of Allotment	November 23,2022
5	Date of Maturity	February22,2023
6	Coupon/Interest offered	7.75%p.a.
7	Schedule of payment of coupon/interest	Discounted amount
	andprincipal
8	Charge/security, if any, created over the	No
	assets
9	Issued in favor of	1. SBI Mutual Fund
		2. ICICI Prudential Mutual Fund
10	Credit Ratings	IND A1+ by India Ratings and
		Research Private Limited;
		[ICRA]A1+ byICRA Limited

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11	Special rights/interest/privileges attachedto the instrument and changes thereof	Not Applicable
12	Delay in payment of interest/ principalamount for a period of more than 3 monthsfrom the due date or default in payment ofinterest/principal	Not Applicable
13	Details of any letter or comments regardingpayment/non-paymentofinterest,principal on due dates, or any other matterconcerning the security and/or the assetsalongwith its comments thereon,if any	Not Applicable

The aforesaid information will also be available on the website of the Company at www.biocon.com.

We request you to take this on record.

Thanking You,

Yours faithfully,

For Biocon Limited

MAYA Digitally signed by MAYANK NK VERMA Date: 2022.11.23 VERMA 19:48:48 +05'30' _____________

Mayank Verma Company Secretary and Compliance Officer Membership No.: ACS 18776