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Wockhardt Ltd Capital/Financing Update 2022

Mar 13, 2022

59231_rns_2022-03-13_afea3a65-4271-4c45-b988-a880bd8cc97b.pdf

Capital/Financing Update

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13[h] March, 2022

Ref. No.: WOCK/SEC/SE/2021-22/139

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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,

  • Re: Issue of up to 3,32,44,650 fully paid-up equity shares of face value of ₹5 each (“Rights Equity Shares”) of Wockhardt Limited (the “Company”) for cash at a price of ₹225 per Rights Equity Share (including a premium of ₹220 per Rights Equity Share) for an amount aggregating up to ₹7,480,046,250 (assuming full subscription) on a rights basis to the eligible equity shareholders of the Company (“Eligible Equity Shareholders”) in the ratio of 3 Rights Equity Shares for every 10 fully paidup Equity Shares held by the Eligible Equity Shareholders on March 9, 2022 (the “Record Date”) under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”) and the circulars dated December 30, 2009, April 29, 2011, January 22, 2020 (collectively, “Rights Issue ASBA Circular”), April 22, 2020 (the “Relaxation Circular 1”) and May 6, 2020 read with the circular dated July 24, 2020, January 19, 2021, April 22, 2021 and October 1, 2021 (collectively the “Relaxation Circulars 2” and together with Rights Issue ASBA Circular and Relaxation Circular 1, the “SEBI Rights Issue Circulars”), each issued by Securities and Exchange Board of India (“SEBI”) (such issuance defined as the “Issue”).

With reference to our letter dated March 4, 2022 for submitting the letter of offer dated March 4, 2022 (“ Letter of Offer ”) in connection with the Issue, please note that the Company has issued an advertisement under Regulation 84(1) of the SEBI ICDR Regulations, which includes, among others, details of the date of completion of dispatch of the Abridged Letter of Offer and Application Form, and Addendum to the Letter of Offer (“ Advertisement ”). We hereby submit the soft copy of the Advertisement, in ‘.pdf’ format.

The Advertisement, in addition of being disseminated on the websites of the Company (www.wockhardt.com), the Registrar and at the Registrar's web-based application platform (www.linkintime.co.in) and the Lead Manager (www.ambit.co), was published in the following newspapers on March 12, 2022:

  • Financial Express (English - All editions)

  • Jansatta (Hindi - All editions), and

  • Navshakti (Marathi - Maharashtra) (Marathi being the regional language of Maharashtra, where the Company’s registered office is situated).

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We request you to take the above on record.

Should you require any further information from us, we would be pleased to furnish the same.

All capitalised terms not specifically defined in this letter will have the same meanings as ascribed to such terms in the Letter of Offer.

Thanking you,

for Wockhardt Limited

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Debashis Dey Company Secretary

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