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Marksans Pharma Ltd. — Capital/Financing Update 2022
Oct 12, 2022
62142_rns_2022-10-12_268710af-30f2-4067-8897-930f1c764b8d.pdf
Capital/Financing Update
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Marksans Pharma Ltd.
Date: 1 i[h] October, 2022
BSE Limited Corporate Relation Department PhirozeJeejeeboi Towers, Dalal Street, Mumbai - 400001. Scrip Code: 524404
National Stock Exchangeof India Limited Listing Department Exchange Plaza, C-l, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051. Symbol: MARKSANS
Ref: Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Further to our letter dated 11[th] October, 2022 in connection with the Company's Press Release & pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby provide below information on capacity addition:
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----- Start of picture text ----- 1 Existing Capacity 8 Billion units per annum2 Existing Capacity Utilization 6 Billion units per annum (75%)3 Proposed Capacity Addition 8 Billion units per annum4 Period within which the 2 Yearsproposed capacity IS to beadded5 Investment required Rs. 200 Crore6 Mode of financing Equity and Internal Accrual7 Rationale The acquisition has potential to significantly expandCompany's manufacturing capability and acceleratecore growth strategy. It will supplement innovativeproduct portfolio, as the Company plans to beginmanufacturing of creams, ointments, etc. in India. Itis also a testament to Company's commitment toinvest in product innovation, expand capacities, anddrive market share gains. We are confident that thisacquisition will lead to transformational growthJourney unlocking further value for Company'sshareholders.----- End of picture text -----
Yours faithfully, For Marksans Pharma Limited
HARSHAVARDHAN PANIGRAHI Digitally signed by HARSHAVARDHAN PANIGRAHI DN: c=IN, o=Personal, postalCode=401107, st=Maharashtra, 2.5.4.20=8740573be5fc89d477394505d3e09bc8aeec4569a2612bab64a5ebd3449c8b2f, pseudonym=034AF3AA8B73867ADEEEFA6A3299F00B4CEB508E, serialNumber=8504A87ABEEF17220E4E6F5D37B003A37ACD0FF57CA749F78AEDFD26A26CE06C, cn=HARSHAVARDHAN PANIGRAHI Date: 2022.10.12 15:33:50 +05'30'
Harshavardhan Panigrahi Company Secretary
Marksans Pharma Ltd.
11th Floor, "GRANDEUR", Opp. Gundecha Symphony, Veera Desai Extension Road, Oshiwara, Andheri (W), Mumbai - 400053 • Tel.: +91 224001 2000 • E-mail: [email protected] www.marksanspharma.com