Wockhardt Ltd — Capital/Financing Update 2024

Mar 20, 2024

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Ref. No.: WOCK/SEC/SE/2023-24/075 Date: 20[th] March, 2024

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

Dear Sir/Madam,

• Re: Qualified institutions placement of equity shares of face value of ₹ 5 each (the “Equity Shares”) to qualified institutional buyers (“QIB”) by Wockhardt Limited under the provision of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Sections 42 and 62 of the Companies Act, 2013, read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, each as amended, (the “Issue”)

Sub: Outcome of the meeting of the Capital Raising Committee

Dear Sir/Madam,

We wish to inform you that pursuant to the approval of the Board of Directors of the Company at their meeting held on 26[th] May, 2023 and approval of the Shareholders of the Company by way of a special resolution passed on 14[th ] August, 2023, the Capital Raising Committee of the Company, in its meeting held today i.e. 20[th] March, 2024, has inter alia considered and passed the following resolutions:

• (i) authorizing the opening of the Issue today, i.e. on 20[th] March, 2024;

• (ii) approving the floor price being ₹544.02 per Equity Shares for the Issue as prescribed under the SEBI ICDR Regulations; and

• (iii) approval and adoption of the preliminary placement document dated 20[th] March, 2024, and the draft of application form, in connection with the Issue.

We further wish to inform you that the ‘Relevant Date’ for the purpose of the Issue, in terms of the SEBI ICDR Regulations is 20[th] March, 2024 and accordingly the floor price in respect of the Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations, the Company may, at its discretion, offer a discount of not more than 5% (five percent) on the floor price so calculated for the Issue.

The Capital Raising Committee meeting commenced at 9:00 p.m. and the meeting was concluded at 9:40 p.m.

In relation to the Issue, we are filing the preliminary placement document dated 20[th] March, 2024 with your office.

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Further, as per Company’s Prevention of Insider Trading Code of Conduct for regulating, monitoring and reporting trading by Designated Persons (the “ Code ”), the trading window for dealing in the securities of the Company had already been closed for all ‘Designated Persons’ as defined in the Code vide an intimation bearing reference number WOCK/SEC/SE/2023-24/074 from 19[th] March, 2024 till 48 hours after determination of issue price.

We request you to take the above on record pursuant to compliance under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

For Wockhardt Limited

Rashmi Digitally signed by Rashmi Dinesh Dinesh Mamtura Date: 2024.03.20 Mamtura 21:43:06 +05'30' Rashmi Mamtura Company Secretary

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