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Sun Pharmaceutical Industries Ltd. — Capital/Financing Update 2021
Jul 31, 2021
59215_rns_2021-07-31_f327f7c3-bf77-4f1e-a82d-1eba2cb66b76.pdf
Capital/Financing Update
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Sun Pharmaceutical Industries Limited Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai – 400 063, Maharashtra, INDIA. Tel. : (91-22) 4324 4324 Fax : (91-22) 4324 4343 Website: www.sunpharma.com CIN: L24230GJ1993PLC019050
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July 31, 2021
National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, 5th Floor, Market Operations Dept. Plot No. C/1, G Block, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051. Mumbai - 400 001. NSE Code: SUNPHARMA Stock Code: 524715
Dear Sirs,
Subject: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015, as amended (“Listing Regulations”) read with Securities and Exchange Board of India circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 (“SEBI Circular”).
We refer to our disclosure, dated 31[st] March 2021, under Regulation 30 of the Listing Regulations informing inter alia that DigiHealth Technologies LLP (“ Digihealth ”) [(the wholly owned entity of our investee entity, ABCD Technologies LLP wherein our company holds presently 6.45% share of profit/ loss and voting rights)] had acquired 66.02% ownership interest in AIOCD Pharmasofttech Awacs Private Limited (“ AWACS ”) and the acquisition was completed on 30[th] of March 2021, through a combination of (i) direct purchase of 50% ownership interest in AWACS and (ii) indirect purchase of 16.02% ownership interest in AWACS through acquisition of 32.04% shareholding interest in Trikaal Mediinfotech Private Limited (“ Trikaal ”). Further, it was informed that Digihealth had agreed to acquire the remaining 33.98% ownership interest in AWACS and had entered into legally binding agreements for such acquisition of the remaining stake.
Further to the above and in terms of Regulation 30 of Listing Regulations read with SEBI Circular, we wish to inform you that Digihealth has now completed,the acquisition of an additional 65.91% of shareholding in Trikaal by purchase of shares from certain shareholders of Trikaal at a cash consideration of Rs. 24,71,52,845 (Indian Rupees Twenty-Four Crores Seventy One Lakh Fifty Two Thousand Eight Hundred and Forty Five only) and thereby indirectly, Digihealth has completed the acquisition of a total of 98.97 % of shareholding in AWACS.
In furtherance, we would also wish to inform you that the acquisition of remaining shareholding of 2.05% in Trikaal is envisaged to be completed over the course of next few months subject to
Registered Office: SPARC, Tandalja, Vadodara – 390 012, Gujarat, INDIA.
Reaching People. Touching Lives.
Sun Pharmaceutical Industries Limited Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai – 400 063, Maharashtra, INDIA. Tel. : (91-22) 4324 4324 Fax : (91-22) 4324 4343 Website: www.sunpharma.com CIN: L24230GJ1993PLC019050
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certain terms and conditions.
We request you to kindly take this in your record and disseminate.
Thanking you, Yours faithfully, For Sun Pharmaceutical Industries Limited Ashok Digitally signed by Indulal Ashok Indulal Bhuta Date: 2021.07.31 Bhuta 17:30:47 +05'30'
Ashok Bhuta Sr. GM – Secretarial & Compliance Officer
Registered Office: SPARC, Tandalja, Vadodara – 390 012, Gujarat, INDIA.
Reaching People. Touching Lives.