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Wockhardt Ltd Capital/Financing Update 2024

Mar 26, 2024

59231_rns_2024-03-26_2ce58846-ca78-42c5-8e41-3741d66b5446.pdf

Capital/Financing Update

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Ref. No.: WOCK/SEC/SE/2023-24/079 Date: 26[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

In furtherance to our earlier intimation bearing reference no. WOCK/SEC/SE/2023-24/075 dated 20[th] March, 2024 and WOCK/SEC/SE/2023-24/078 dated 26[th] March, 2024, with respect to the Issue which opened on Wednesday, 20[th] March, 2024 and closed on Tuesday, 26[th] March, 2024, we wish to inform you that the Capital Raising Committee of the Company at its meeting held today, i.e. Tuesday, 26[th] March, 2024, approved the issue and allotment of 92,85,163 Equity Shares, to eligible QIBs at the issue price of ₹517/- per Equity Share (including a premium of ₹512/- per Equity Share), which includes a discount of ₹27.02/- per Equity Share being equivalent to 4.97% of the floor price, as determined in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, aggregating to ₹ 480,04,29,271 (Rupees Four Hundred and Eighty Crore Four Lakh Twenty Nine Thousand Two Hundred Seventy One Only), pursuant to the Issue.

Pursuant to the allotment of Equity Shares under the Issue, the paid-up equity share capital of the Company stands increased from ₹ 72,05,78,865 consisting of 14,41,15,773 Equity Shares of ₹ 5 each to ₹ 76,70,04,680 consisting of 15,34,00,936 Equity Shares of face value of ₹ 5 each. The shareholding pattern of the Company after the Issue, will be submitted along with listing application in the format specified in Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“ SEBI Listing Regulations ”).

The Capital Raising Committee meeting commenced at 9.40 p.m. and the meeting was

concluded at 10.00 p.m.

Further find attached herewith the list of allottees who have been allotted more than five percent (5%) of the Equity Shares of the Issue size marked as Annexure A .

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The details, as required to be disclosed under Regulation 30 of SEBI Listing Regulations read with SEBI Circular dated 13[th] July, 2023 are enclosed as Annexure B .

We request you to take the above on record pursuant to compliance under SEBI Listing Regulations.

Thanking you, For Wockhardt Limited

Rashmi Digitally signed by Rashmi Dinesh Dinesh Mamtura Date: 2024.03.26 Mamtura 22:07:21 +05'30'

Rashmi Mamtura Company Secretary

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ANNEXURE A

LIST OF ALLOTTEES WHO HAVE BEEN ALLOTTED MORE THAN 5 PER CENT (5%) OF THE EQUITY SHARE ISSUED IN THE QUALIFIED INSTITUTIONS PLACEMENT

Sr.
No.
Name of the Allottees Shares allotted % shares
allotted to
total Issue
Size
1(a) ICICI PRUDENTIAL ELSS TAX SAVER FUND 6,10,700 6.58%
1(b) ICICI PRUDENTIAL EQUITY & DEBT FUND 7,43,264 8.00%
1(c ) ICICI PRUDENTIAL PHARMA HEALTHCARE
AND DIAGANOSTICS (P.H.D) FUND
5,80,271 6.25%
**Sub-total ** 19,34,235 20.83%
2 TATA INDIANOPPORTUNITIESFUND 13,53,965 14.58%
3 3P INDIA EQUITY FUND 1 14,89,360 16.04%
4(a) MIRAE ASSET HEALTHCARE FUND
MIRAHCFD
4,83,556 5.21%
4(b) MIRAE ASSET FLEXI CAP FUND 1,54,740 1.67%
4(c) MIRAE ASSET MULTICAP FUND 2,32,110 2.50%
**Sub-total ** 8,70,406 9.37%
5 COHESION MK BEST IDEAS SUB-TRUST 5,80,270 6.25%
6 INEVSCOINDIASMALLCAP FUND . 5,80,270 6.25%
7 GAGANDEEPCREDITCAPITAL PVT LTD 5,07,000 5.46%
8 SUBHKAM VENTURESI PVT LTD 5,00,000 5.38%

For Wockhardt Limited

Rashmi Digitally signed by Rashmi Dinesh Dinesh Mamtura Date: 2024.03.26 Mamtura 22:07:55 +05'30' Rashmi Mamtura Company Secretary

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Annexure – B
**Sr.No. ** Particulars Details
1. Type of securities proposed
to be issued (viz. Equity
shares,convertibles etc.)
Equity Shares
2. Type of issuance (further
public offering, rights
issue,depository receipts
(ADR/GDR),
qualified
institutions
placement,
preferential allotment etc.)


Qualified Institutions Placement ("QIP")
3. Total number of securities
proposed to be issued or the
total amount for which the
securities
will
be
issued
(approximately)
92,85,163 Equity Shares of face value ₹ 5 each at a price
of ₹517/- per Equity Share (including a premium of ₹512/-
per Equity Share) which includes a discount of ₹27.02/-
per Equity Share equivalent to 4.97% to the floor price of
₹544.02/- per Equity Share, aggregating to ₹
480,04,29,271 in accordance with the SEBI ICDR
Regulations
4. In case of preferential issue
the listed entity shall disclose
the
following
additional
details
to
the
stock
exchange(s)
Not Applicable
5. In case of bonus issue the
listed entity shall disclose the
following additional details to
the stock exchange(s)
Not Applicable
6. In case of issuance of
depository
receipts
(ADR/GDR) or FCCB the
listed entity shall disclose
following additional details to
the stockexchange(s):
Not Applicable
7. In case of issuance of debt
securities
or
other
non-
convertible
securities
the
listed entity shall disclose
following additional details to
the stock exchange(s)
Not Applicable

Thanking you, For Wockhardt Limited Rashmi Digitally signed by Rashmi Dinesh Dinesh Mamtura Date: 2024.03.26 Mamtura 22:08:26 +05'30' Rashmi Mamtura Company Secretary

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