AI assistant
Pfizer Ltd. — Capital/Financing Update 2023
Nov 1, 2023
60507_rns_2023-11-01_b0674f47-9685-44bc-81bb-6739f9562b16.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [100 x 41] intentionally omitted <==
Pfizer Limited
The Capital, 1802/1901, Plot No. C - 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. Tel : +91 22 6693 2000 Fax : +91 22 2654 0274
November 1, 2023
The Corporate Relationship Dept. The Manager, Listing Dept. BSE Limited The National Stock Exchange of India Ltd. 1[st] Floor, P.J.Towers Exchange Plaza, 5[th] Floor, Plot No. C/1, Dalal Street, Fort G Block Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500680 Scrip Symbol: PFIZER
Dear Sirs,
Sub: Agreement to Assign and Assume the Lease of MIDC Land and Sale of Building constructed on such Land for transferring and assigning Pfizer’s unexpired leasehold rights in the land situated at Plot No. 16, Trans Thane Creek Industrial Area, Turbhe, Thane to Zoetis Pharmaceutical Research Private Limited.
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), we wish to inform you that, pursuant to the approval of Board of Directors of the Company dated November 1, 2023, the Company has entered into an Agreement to Assign and Assume the Lease of MIDC Land and Sale of Building constructed on such land for transferring and assigning Pfizer’s unexpired leasehold rights in the land admeasuring approx. 82,000 sq. mtrs. situated at Plot No. 16, Trans Thane Creek Industrial Area, Turbhe, Thane (“Land”) and sale of structures and buildings having total built-up area of approx. 16,494.33 sq. mtrs. constructed thereon (“Buildings”), to Zoetis Pharmaceutical Research Private Limited, for a lumpsum consideration of Rs. 264.40 Crores (Rupees Two Hundred Sixty-Four Crores and Forty Lakhs only).
The said transfer of unexpired leasehold rights in the Land and sale of Buildings thereon, shall be subject to requisite approvals from concerned regulatory authorities, including the Maharashtra Industrial Development Corporation.
Request you to please take the above on record.
Thanking you,
Yours truly,
For Pfizer Limited
PRAJEET Digitally signed by PRAJEET NAIR NAIR Date: 2023.11.01 17:25:17 +05'30' Prajeet Nair
Director – Corporate Services & Company Secretary
CIN: L24231MH1950PLC008311 Email ID: [email protected] Website: www.pfizerltd.co.in