Wockhardt Ltd — Capital/Financing Update 2024

Mar 26, 2024

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Ref. No.: WOCK/SEC/SE/2023-24/078 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 (“QIBs”) by Wockhardt Limited under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), 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

Further to our letter bearing reference no. WOCK/SEC/SE/2023-24/076 dated 20[th] March, 2024, intimating you about the meeting of the Capital Raising Committee to be held on Tuesday, 26[th] March, 2024, in respect of the Issue, we wish to inform you that the Capital Raising Committee of the Company has, at its meeting held today, i.e. Tuesday, 26[th] March, 2024, inter alia :

• (i) approved the closure of Issue today, i.e. Tuesday, 26[th] March, 2024, subsequent to the receipt of application forms and the funds in the escrow account from the eligible QIBs in accordance with the terms of the Issue;

• (ii) approved and determined the allocation of 92,85,163 Equity Shares at an 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 equivalent to 4.97% to the floor price of ₹544.02/- per Equity Share, determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible QIBs in the Issue;

• (iii) approved and adopted the placement document dated 26[th] March, 2024 (“ Placement Document ”) in connection with the Issue; and

• (iv) approved and finalized the confirmation of allocation note for sending to such QIBs to whom the allocation of Equity Shares pursuant to the Issue is to be confirmed;

In this relation we will be filing the Placement Document with your office.

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The Capital Raising Committee meeting commenced at 7:30 p.m. and the meeting was concluded at 8:10 p.m.

The Issue was opened on 20[th] March, 2024 and the same was intimated to you pursuant to our letter bearing reference no. WOCK/SEC/SE/2023-24/075 dated 20[th] March, 2024. 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: 2024.03.26 Mamtura 20:14:22 +05'30' Rashmi Mamtura Company Secretary

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