Wockhardt Ltd — Capital/Financing Update 2021

Oct 21, 2021

21[st] October, 2021

Ref. No.: WOCK/SEC/SE/2021-22/105

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BSE Limited Corporate Relations Department P J Towers Dalal Street Mumbai - 400 001 Scrip Code: 532300

National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex Bandra (E) Mumbai - 400 051 NSE Symbol: WOCKPHARMA

Dear Sir/ Madam,

Sub: Allotment of Unlisted Rated Secured Non-Convertible Debentures (NCDs) on Private Placement basis

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (' Listing Regulations ’), we wish to inform to the Exchanges that the Credit Facilities Committee of the Board of Directors of our Company, at its meeting held today i.e. 21[st] October, 2021, allotted 5,000 Nos. of Unlisted, Rated, Secured NonConvertible Debentures (‘ NCDs ’) of face value of Rs. 1,00,000/- each aggregating to Rs. 50 crore (Rupees Fifty Crore only) to Centrum Credit Opportunities Trust on private placement basis on the terms and conditions as stipulated in the amended and restated debenture trust deed and other transaction documents dated 20[th] October, 2021.

The information required to be furnished pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 with respect to the NCDs is enclosed as Annexure A.

Kindly take the same on record please.

Thanking you,

for Wockhardt Limited

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Debashis Dey Company Secretary

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Annexure A

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Sr.No.	Disclosure requirements		Disclosure by the Company	Disclosure by the Company
1	Type of securities proposed to be issued (viz.equityshares,convertibles etc.);		Rated,Unlisted,SecuredNon-Convertible Debentures(NCDs)
2	Type of issuance (further public offering,rights issue, depository receipts (ADR/GDR),qualified institutions placement, preferentialallotment etc.)		Private Placement
3	Total number of securities proposed to beissued or the total amount for which thesecuritieswillbeissued(approximately)/Issue size		5,000 NCDs of Rs. 1,00,000 eachamounting upto Rs. 50 Crores
5	Whether proposed to be listed? If yes, nameofthe stockexchange(s);		No
6	Tenure of the instrument - date of allotmentand date of maturity		36 months from the date of allotment.
7	Coupon/interest offered, schedule of paymentof coupon/interest and principal		Fixed coupon rate payable quarterly asper the term sheet. The redemptionschedule will be as follows:ScheduledRedemption DateRedemption%15-Dec-2333%15-Jun-2433%On expiry of 36 monthsfrom the relevantDeemed Date ofAllotment34%
			ScheduledRedemption Date	Redemption%
			15-Dec-23	33%
			15-Jun-24	33%
			On expiry of 36 monthsfrom the relevantDeemed Date ofAllotment	34%
8	Charge/security, if any, created over theassets		NCDs will be secured by way of paripassu charge over the Fixed Assets oftheCompanyand/oranyothersecurities/assetsaspertermsheet/transaction documents..
9	Special right/interest/privileges attached tothe instrument and changes thereof		Nil
10	Delay in payment of interest / principalamount for a period of more than threemonths from the due date or default inpayment of interest /principal		Not applicable
11	Details of any letter or comments regardingpayment/non-payment of interest, principalon due dates, or any other matter concerningthe security and /or the assets along with itscomments thereon,if any		Not applicable

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