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Sanofi India Ltd — Capital/Financing Update 2019
Sep 11, 2019
59270_rns_2019-09-11_d5790bb6-df44-48d4-b68e-0c095ba65f5e.pdf
Capital/Financing Update
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| # | Particulars | Details |
|---|---|---|
| 1 | The amount and percentageofthe | Asdisclosed above |
| turnoverorrevenueorincome and net | ||
| worth contributed by such unitordivision | ||
| ofthe listed entity during the last financial | ||
| year | ||
| 2 | Date on which the agreement for sale has | 1 01hSeptember 2019 |
| been entered into | ||
| 3 | Theexpected dateofcompletion of | The transaction is expected to be completed |
| sale/disposal | by 31stMarch 2020 | |
| 4 | Consideration received from such | Total considerationofthe transaction is Rs. |
| sale/disposal | 2,617 million, subject to customary working | |
| capital adjustments, which will be received | ||
| after completionofcertain conditions and | ||
| closing ofthe transaction | ||
| 5 | Brief detailsofbuyers and whether anyof | The buyerofthis business is Zentiva Private |
| the buyers belong to the promoter/ | Limited | |
| promoter group/group companies. If yes, | ||
| details thereof | Thebuyer does not belong to promoter_I_ | |
| promotergroup | ||
| 6 | Whether the transaction would fall within | No |
| related party transactions? If yes, whether | ||
| the same is done at arms'length | ||
| 7 | Additionally, in caseofa slump sale, | As disclosed above |
| indicative disclosures provided for | ||
| amalgamation/merger, shall be disclosed | There will not be any change in the | |
| by the listed entity with respect to such | shareholding patternofthe Company due to | |
| slump sale | this transaction |
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