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 2024

Mar 20, 2024

59231_rns_2024-03-20_835c93f2-e087-4e8e-af24-f363486d2f71.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [203 x 60] intentionally omitted <==

Ref. No.: WOCK/SEC/SE/2023-24/076 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: Prior intimation for determination of Issue Price

Further to our letter bearing reference no. WOCK/SEC/SE/2023-24/075 dated 20[th] March, 2024, we wish to inform you in terms of Regulations 29(1) and 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “ SEBI Listing Regulations ”) that a meeting of the Capital Raising Committee of the Company shall be held on Tuesday, 26[th] March, 2024 to inter alia , consider and determine the issue price of Equity Shares to be issued pursuant to the Issue, including any discount, not more than 5%, on the floor price calculated in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“ SEBI ICDR Regulations ”) and approved by the shareholders of the Company pursuant to a special resolution dated 14[th] August, 2023.

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: 2024.03.20 Mamtura 21:57:08 +05'30' Rashmi Mamtura Company Secretary

==> picture [113 x 49] intentionally omitted <==

==> picture [513 x 32] intentionally omitted <==