Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Wockhardt Ltd Capital/Financing Update 2022

Mar 28, 2022

59231_rns_2022-03-28_fc7a5f94-76e4-4537-8bc9-a2976ba0fbdc.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

28[th] March, 2022

Ref. No.: WOCK/SEC/SE/2021-22/144

==> picture [167 x 46] intentionally omitted <==

BSE Limited National Stock Exchange of India Limited Corporate Relations Department Exchange Plaza P J Towers Bandra Kurla Complex Dalal Street Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532300 NSE Symbol: WOCKPHARMA

Dear Sir/Madam,

Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”)

This is further to our communications dated 6[th] January, 2022 and 3[rd] March, 2022 informing the approval by the Board of Directors (“ Board ”) for issue of equity shares by way of a rights issue to the existing shareholders of the Company in accordance with the provisions of Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws and approval of various terms of the Issue by the Capital Raising Committee (“ Committee ”) of the Board, respectively.

In relation to the aforesaid Issue and pursuant to the finalization of the basis of allotment for the Issue, approved by the designated stock exchange, i.e. National Stock Exchange of India Limited, the Committee duly authorized by Board, today, inter alia, considered and approved the allotment of 3,32,44,650 Equity Shares at a price of Rs. 225 per Equity Share (including a premium of Rs. 220 per Equity Share) (“ Allotment ”).

In view of the above, the paid-up equity share capital of the Company has increased from Rs. 55,40,77,515/- (11,08,15,503 equity shares of Rs. 5/- each) to Rs. 72,03,00,765/(14,40,60,153 equity shares of Rs. 5/- each).

This intimation is issued in terms of Regulation 30 of the SEBI Listing Regulations.

Kindly take the above information on record.

Thanking you,

for Wockhardt Limited

==> picture [111 x 53] intentionally omitted <==

Debashis Dey Company Secretary

==> picture [106 x 46] intentionally omitted <==

==> picture [482 x 30] intentionally omitted <==