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Wockhardt Ltd Major Shareholding Notification 2021
59231_rns_2021-06-23_4e8a376c-122e-4a39-b573-203bbd4958ee.pdf
Major Shareholding Notification
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HUMUZA CONSULTANTS
Corporate Office: G Block, Plot C-2 Wockhardt Towers, Bandra-Kurla Complex, Bandra (East), Mumbai- 400 051 Phone : 91-22-2653 4444. Fax : 91-22-2652 3905
22nd June, 2021
| BSE LimitedCorporate Relations DepartmentP J Towers,Dalal StreetMumbai -400 001 | National Stock Exchange of India LimitedExchange PlazaBandra Kurla Complex,Bandra (E),Mumbai -400 051 |
|---|---|
| Scrip Code: 532300 | NSE Symbol: WOCKPHARMA |
Dear Sirs,
Sub: Disclosure under Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations. 2011.
Please find enclosed herewith disclosure in accordance with Regulations 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 pertaining to creation of pledge on 6,58,000 Nos. of Equity Shares held by us in Wockhardt Limited on 18th June, 2021 (2,53,000 Nos. of Equity Shares) and 21st June, 2021 (4,05,000 Nos. of Equity Shares).
Also enclosing herewith additional disclosure under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 pursuant to SEBI circular SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated 7th August, 2019 required to be submitted by promoters upon any change in encumbrance of shares exceeding 20% of total share capital of the Company. With the creation of Pledge on above mentioned 6,58,000 Nos. of Equity Shares (i.e. 0.59%), the percent of Pledged Shares now increased to 22.20%.
Kindly take the same on your records.
Thanking you,
For Humuza Consultants Themisto Trustee Company Private Limited as Trustee
Dr. H. F. Khorakiwala Director of Trustee
Encl : As above
CC: Wockhardt Limited D-4, MIDC, Chikalthana, Aurangabad - 431006
| Name of the Target Company (TC) | Wockhardt Limited | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Names of the stock exchanges where theshares of the target company are listed | BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) | ||||||||||||||||
| Date of reporting | 22nd June, 2021 | ||||||||||||||||
| Name of the promoter or PAC on whoseshares encumbrance has beencreated/released/invoked | Themisto Trustee Company Private Limited# | ||||||||||||||||
| Details of the creation of encumbrance: | |||||||||||||||||
| Name of the promoter (s) or PACs withhim* | Promoter holding in the targetcompany (1) | Promoter holding alreadyencumbered (2) | Post event holding ofencumbered shares {creation[(2)+(3)] / release [(2)-(3)] /invocation [(1)-(3)]] | ||||||||||||||
| Number | % of totalshare capital | Number | % of totalshare capital | Type of event( creation /Release /invocation) | Date ofcreation/release/invocation ofencumbrance | Type ofencumbrance(pledge/ lien/ nondisposalundertaking/others) | Reasons forencumbrance | Number | % of sharecapital | Name of the entityin whose favorsharesencumbered*** | Number | % of total | |||||
| Themisto Trustee Company Private Limited# | 60,495,957 | 54.61% 2,39,30,000Nos. ofEquityShares | 21.60% | Creation ofPledgeCreation ofPledge | 18/06/202121/06/2021 | PledgePledge | Shares pledgedas per contractualagreement | 2,53,000 Nos. ofEquity Shares4,05,000 Nos. ofEquity Shares | 0.23%0.37% | Badjate Stock &Share Pvt LtdStandard CharteredInvestments &Loans (India)Ltd | 2,45,88,000Nos. of EquityShares | 22.20% | |||||
| Total | 6,58,000 Nos. ofEquity Shares | 0.59% | |||||||||||||||
| Habil F Khorakiwala | 459,451 | 0.41% | Nil | Nil | |||||||||||||
| Murtaza Habil Khorakiwala | 226,200 | 0.20% | |||||||||||||||
| Huzaifa Habil Khorakiwala | 216,000 | 0.19% | |||||||||||||||
| Nafisa Habil Khorakiwala | 2,640 | 0.00% | |||||||||||||||
| Miqdad Huzaifa Khorakiwala | 1,800 | 0.00% | |||||||||||||||
| Themisto Trustee Company PrivateLimited@ | 4,400,000 | 3.97% | |||||||||||||||
| Pasithee Trustee Company Private Limited@ | 1,500,000 | 1.35% | |||||||||||||||
| Callirhoe Trustee Company Private Limited@ | 1,320,578 | 1.19% | |||||||||||||||
| Ananke Trustee Company Private Limited@ | 1,472,716 | 1.33% | |||||||||||||||
| Pasithee Trustee Company Private Limited$ | 3,400,000 | 3.07% | |||||||||||||||
| Ananke Trustee Company Private Limited$ | 3,200,000 | 2.89% | |||||||||||||||
| Callirhoe Trustee Company Private Limited$ | 3,200,000 | 2.89% |
Note:
- Promoters hold total 7,98,95,342 (72.12%) Equity Shares in Wockhardt Limited.
Dr. H. F. Khorakiwala Director
- Promoters' have earlier created pledge on 2,39,30,000 No.of Equity Shares (21.60%) held by them in the Company. With the creation of Pledge on above mentioned 6,58,000 Nos. of Equity Shares (0.59%), the No.of Pledged Shares now increased to 2,45,88,000 No.of Equity Shares (22.20%).
| encumbered shares {creation[(2)+(3)] / release [(2)-(3)] /invocation [(1)-(3)]] | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number% of total | |||||||||||||
| share capital | |||||||||||||
| 2,45,88,000Nos. of Equity | 22.20% | ||||||||||||
| Shares | |||||||||||||
| Nil | |||||||||||||
-
Themisto Trustee Company Private Limited holds these shares in its capacity as the Trustee of Habil Khorakiwala Trust, being a Partner of Humuza Consultants (Partnership Firm).
For Themisto Trustee Company Private Limited
Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
2.@ Shares are held by the said Companies in the capacity as a Trustee of respective Trusts.
-
$ Shares are held by the said Companies in capacity as a Trustee of respective Trusts being partner in Partnership Firms.
-
As reported in annual disclosure, other Promoter/ PACs are Ms. Zahabiya Khorakiwala, Dartmour Holdings Private Limited, Palanpur Holdings and Investments Private imited, Khorakiwala Holdings and Investments Pvt. Ltd. However, they do not hold Equity Shares in Wockhardt Limited.
-
All the No of Shares reported above are Equity Shares held in Wockhardt Limited.
Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Anand Rathi.
@Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Badjate.
* Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Standard Chartered. ^ The Shares were Pledged alongwith other collaterals for the loan from LIC Housing Finance Limited.
| Encumbrance No.Date of creation/ Release of encumbrance | 119.12.2018 | 2 | 331.01.2019 20.05.2019 | 421.06.2019 | 504.07.2019 | 606.08.2019 | 7823.08.201916.09.2019 | 930.09.2019 | 1009.10.2019 | 1111.11.2019 | 1220.11.2019 | 1325.11.2019 | 1423.12.2019 | 1527.12.2019 | 1627.01.2020 | 1728.01.2020 | 1828.01.2020 | 1912.03.2020 | 2012.03.2020 | 2113.03.2020 | 2217.03.2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Type of encumbrance (pledge, lien, negative lien, non-disposal | Creation of pledge | Release pf | Creation of Pledge | Release of pledged Shares | Creation of Pledge | |||||||||||||||||
| or arrangement in the nature of encumbrance) | undertaking etc. or any other covenant, transaction, condition | pledged Shares | ||||||||||||||||||||
| No. and % of shares | No. of shares : | 1,000,000 | 250,000 | 150,000 | 300,000 | 500,000 | 800,000 | 300,000 -650,000 | 600,000 | 200,000 | 1,300,000 | 850,000 | 500,000 | 7,200,000 | 6,500,000 - | 1,400,000 - | 400,000 - | 444,000 | 775,000 | 2,100,000 | 700,000 | 925,000 |
| encumbered | % of total share capital : | 0.90% | 0.23% | 0.14% | 0.27% | 0.45% | 0.72% | 0.27% | -0.59%0.54% | 0.18% | 1.17% | 0.77% | 0.45% | 6.50% | 5.87% | -1.26% | -0.36% | -0.40% | 0.70% | 1.90% | 0.63% | 0.84% |
| Specific Details about the encumbrance | ||||||||||||||||||||||
| Name of the entity in whose favour shares encumbered (X) | Anand Rathi Global Finance Ltd | Badjate Stock Broking Private Limited | SBICAP Trustee CompanyLtd (Trustee of LIC HousingFinance Ltd) | Standard CharteredInvestments & Loans(India) Ltd | StandardCharteredInvestments &Loans (India) Ltd | Anand Rathi Global FinanceLtd | Badjate StockBroking PrivateLimited | Anand RathiGlobal FinanceLtd | Standard CharteredInvestments &Loans (India) Ltd | Badjate Stock BrokingPrivate Limited | Standard CharteredInvestments &Loans (India) Ltd | |||||||||||
| Whether the entity X is a scheduled commercial bank, public | Yes | No. | No. | Yes | Yes | Yes | No | Yes | Yes | No | Yes | |||||||||||
| financial institution, NBFC or housing finance company? If No, | Nature of Business: Stock Broking` | Nature of Business: Trustee | Nature of Business: | Nature of Business: | ||||||||||||||||||
| provide the nature of the business of the entity. | Company on behalf of | Stock Broking` | Stock Broking` | |||||||||||||||||||
| LICHFC.` | ||||||||||||||||||||||
| Names of all other entities in the agreement | Humuza Consultants, Pledgor[Themisto Trustee Company Pvt Ltd holds these shares in Capacity as the Trustee of Habil Khorakiwala Trust, being a partner of Humuza Consultants, Partnership Firm] | |||||||||||||||||||||
| Whether the encumbrance is relating to any debt instruments | Not applicable | |||||||||||||||||||||
| yes, provide details about the instrument, including creditrating.If Yes,1 Name of the issuer :2 Details of the debt instrument :3 Whether the debt instrument is listed on stock exchanges?4 Credit Rating of the debt instrument5 ISIN of theinstrurnent | ||||||||||||||||||||||
| Security Cover/ Asset Cover | ||||||||||||||||||||||
| Value of shares on the date of event / agreement (A) (Amount | 520,400,000 110,362,500 58,155,000 | 110,040,000 | 186,225,000 | 226,480,000 | 76,395,000 | 212,420,000 153,840,000 | 47,610,000 | 373,685,000 | 245,565,000 | 127,275,000 | 1,772,280,000 | 1,604,850,000 | 494,060,000 | 138,220,000 | 153,424,200 | 160,192,500 | 434,070,000 | 157,290,000 | 189,948,750 | |||
| in Rs. ) | ||||||||||||||||||||||
| (B) (Amount in Rs. ) | Amount involved (against which shares have been encumbered) | 20,00,00,000 | # | N.A.[Release of partof the PledgedShares] | # | 10,00,00,000 | 10,00,00,000 | 3,500,000,000 | 50,00,00,000 | N.A.[Release of part of the Pledged Shares] | # | * | @ | * | ||||||||
| Ratio of A / B | 0.26 | # | -do- | # | 3.73685 | 3.73 | 0.51^ | 3.2097 | N.A. | # | * | @ | * | |||||||||
| End use of money | ||||||||||||||||||||||
| Borrowed amount to be utilized | (a)Personal use by Promoters | - | - | - | - | - | - | -- | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| for what purpose - | and PACs | |||||||||||||||||||||
| (b)For the benefit of listedcompanyProvide details includingamount, purpose of raisingmoney by listed company,schedule for utilization ofamount, repayment scheduleetc | - | - | - | - | - | - | -- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Any other reason (pleasespecify) | The amount raised by creating Pledge on Shares have been partially invested in Preference Shares/ extended unsecured loan to Wockhardt Limited from time to time. |
Details of all the existing events/agreements pertaining to encumbrance
| Wockhardt Limited |
|---|
| BSE Limited (BSE) |
| National Stock Exchange of India Limited (NSE) |
| Humuza Consultants |
| No. of Shares held: 7,98,95,342 (72.12%) |
| % of total share capital : 72.12% |
| 22.20% |
| No |
| Yes |
Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Anand Rathi.
| Encumbrance No. | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date of creation/ Release of encumbrance | 18.03.2020 | 19.03.2020 24.03.2020 | 24.03.2020 | 25.03.2020 | 08.04.2020 | 17.04.2020 | 04.05.2020 | 05.05.2020 | 0607.2020 | 03.08.2020 | 02.11.2020 | 20.11.2020 | 27.11.2020 | 01.12.2020 | 08.12.2020 | 11.12.2020 | 18.12.2020 | 18.12.2020 | 31.12.2020 | 15.01.2021 | 03.02.2021 | ||
| Type of encumbrance (pledge, lien, negative lien, non-disposal | Creation of Pledge | Release of Pledged Shares | Release of pledged Shares | Release of pledged Shares | Creation of Pledge | ||||||||||||||||||
| No. and % of shares | No. of shares : | 500,000 | 350,000 | 3,900,000 | 2,100,000 | 744,000 - | 600,000 - | 600,000 - | 4,525,000 - 2,825,000 - | 1,800,000 - | 1,400,000 - | 1,400,000 - | 1,400,000 - | 480,000 - | 1,500,000 - | 500,000 - | 1,318,500 - | 1,500 - | 700,000 - | 2,500,000 - | 300,000 | 2,200,000 | |
| encumbered | % of total share capital : | 0.45% | 0.32% | 3.52% | 1.90% | 0.67% | -0.54% | -0.54% | -4.09% | -2.55% | -1.63% | -1.26% | -1.26% | -1.26% | -0.43% | -1.35% | -0.45% | -1.19% | 0.00% | -0.63% | -2.26% | -0.27% | 1.99% |
| Specific Details about the encumbrance | |||||||||||||||||||||||
| Name of the entity in whose favour shares encumbered (X) | Anand Rathi Global | Badjate Stock | Standard | Anand Rathi | Badjate Stock Broking Private Limited | Standard | Anand Rathi Global Finance Ltd | Standard | Badjate Stock Broking | Badjate Stock | Anand Rathi Global Finance | Standard Chartered | Standard | Anand Rathi Global Finance Ltd | Standard Chartered Investments & Loans (India) Ltd | ||||||||
| Finance Ltd | Broking Private | Chartered | Global Finance | Chartered | Chartered | Private Limited | Broking Private | Ltd | Investments & Loans | Chartered | |||||||||||||
| Limited | Investments & | Ltd | Investments & | Investments & | Limited | (India) Ltd | Investments & | ||||||||||||||||
| Loans (India)Ltd | Loans (India) Ltd | Loans (India) Ltd | Loans (India) Ltd | ||||||||||||||||||||
| Whether the entity X is a scheduled commercial bank, public | Yes | No. | Yes | Yes | No | Yes | Yes | Yes | No | No | Yes | Yes | Yes | Yes | Yes | ||||||||
| financial institution, NBFC or housing finance company? If No, | Nature of | Nature of Business: Stock Broking` | Nature of Business: | Nature of Business: | |||||||||||||||||||
| provide the nature of the business of the entity. | Business: Stock | Stock Broking` | Stock Broking` | ||||||||||||||||||||
| Broking` | |||||||||||||||||||||||
| Names of all other entities in the agreement | Humuza Consultants, Pledgor | ||||||||||||||||||||||
| [Themisto Trustee Company Pvt Ltd holds these shares in Capacity as the Trustee of Habil Khorakiwala Trust, being a partner of Humuza Consultants, Partnership Firm] | |||||||||||||||||||||||
| Whether the encumbrance is relating to any debt instruments | Not Applicable | ||||||||||||||||||||||
| viz. debenture, commercial paper, certificate of deposit etc.? If | |||||||||||||||||||||||
| yes, provide details about the instrument, including credit | |||||||||||||||||||||||
| rating.If Yes, | |||||||||||||||||||||||
| 1 Name of the issuer : | |||||||||||||||||||||||
| 2 Details of the debt instrument : | |||||||||||||||||||||||
| 3 Whether the debt instrument is listed on stock exchanges? | |||||||||||||||||||||||
| 4 Credit Rating of the debt instrument | |||||||||||||||||||||||
| 5 ISIN of theinstrurnent | |||||||||||||||||||||||
| Security Cover/ Asset Cover | |||||||||||||||||||||||
| Value of shares on the date of event / agreement (A) (Amount | 98,300,000 | 63,560,000 612,885,000 | 330,015,000 | 123,541,200 | 132,780,000 | 162,540,000 1,185,097,500 726,025,000 | 496,890,000 | 425,040,000 | 413,910,000 | 550,620,000 | 216,912,000 | 694,125,000 | 243,275,000 | 682,851,150 | 763,875 | 356,475,000 | 1,366,375,000 | 159,915,000 | 1,135,530,000 | ||||
| Amount involved (against which shares have been encumbered) | # | @ | * | # | @ | N.A. | N.A. | 400,000,000 | |||||||||||||||
| Ratio of A / B | # | @ | * | # | @ | N.A. | N.A. | 2.838825 | |||||||||||||||
| End use of money | |||||||||||||||||||||||
| Borrowed amount to be utilized | (a)Personal use by Promoters | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| for what purpose - | and PACs | ||||||||||||||||||||||
| (b)For the benefit of listed | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| company | |||||||||||||||||||||||
| Provide details including | |||||||||||||||||||||||
| amount, purpose of raising | |||||||||||||||||||||||
| money by listed company, | |||||||||||||||||||||||
| schedule for utilization of | |||||||||||||||||||||||
| amount, repayment schedule | |||||||||||||||||||||||
| etc | |||||||||||||||||||||||
| Any other reason (please | The amount raised by creating Pledge on Shares have been partially invested in Preference Shares/ extended unsecured loan to Wockhardt Limited from time to time. | ||||||||||||||||||||||
| specify) |
@Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Badjate.
* Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Standard Chartered. ^ The Shares were Pledged alongwith other collaterals for the loan from LIC Housing Finance Limited.
Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Anand Rathi.
@Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Badjate.
| Encumbrance No. | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date of creation/ Release of encumbrance | 19.02.2021 | 23.03.2021 26.03.2021 | 09.04.2021 | 20.04.2021 | 27.04.2021 | 07.05.2021 | 10.05.2021 | 10.05.2021 | 11.05.2021 | 14.05.2021 | 17.05.2021 | 20.05.2021 | 20.05.2021 | 26.05.2021 | 18.06.2021 | 21.06.2021 | |||
| Type of encumbrance (pledge, lien, negative lien, non-disposalundertaking etc. or any other covenant, transaction, condition | Creation of Pledge | Release ofpledged shares | Creation of Pledge | Release of pledged shares | Creation of Pledge | Release of Pledged shares | Creation of Pledge | ||||||||||||
| or arrangement in the nature of encumbrance)No. and % of shares | No. of shares : | 3,900,000 | 200,000 | 850,000 - | 1,000,000 | 3,000,000 | 3,400,000 - | 800,000 - | 1,200,000 | 1,100,000 | 2,100,000 | 1,100,000 - | 500,000 - | 180,000 - | 90,000 | 2,050,000 | 253,000 | 405,000 | |
| encumbered | % of total share capital : | 3.52% | 0.18% | 0.77% | -0.90% | 2.71% | 3.07% | -0.72% | -1.08% | 0.99% | 1.90% | 0.99% | -0.45% | -0.16% | -0.08% | 1.85% | 0.23% | 0.37% | |
| Specific Details about the encumbrance | |||||||||||||||||||
| Name of the entity in whose favour shares encumbered (X) | Standard Chartered Investments & Loans (India) Ltd | Badjate Stock | Catalyst | Badjate Stock | Standard | Anand Rathi | Catalyst Trusteeship Limited& | Standard Chartered | Badjate Stock | Anand Rathi Global Finance | Catalyst Trusteeship | Badjate Stock | Standard Chartered | ||||||
| Broking PrivateLimited | Broking PrivateLimited | CharteredInvestments &Loans (India) Ltd | Global FinanceLtd# | Investments & LoansBroking PrivateLtd#(India) LtdLimited | Limited& | Broking PrivateLimited | Investments & Loans (India)Ltd | ||||||||||||
| provide the nature of the business of the entity. | Whether the entity X is a scheduled commercial bank, publicfinancial institution, NBFC or housing finance company? If No, | Yes | NoNature of Business:Stock Broking` | NoNature ofBusiness:DebentureTrustee | NoNature ofBusiness: StockBroking` | Yes | Yes | NoNature of Business: Debenture Trustee | Yes | NoNature of Business:Stock Broking` | Yes | NoNature of Business:Debenture Trustee | NoNature ofBusiness: StockBroking` | Yes | |||||
| Names of all other entities in the agreement | Humuza Consultants, Pledgor | [Themisto Trustee Company Pvt Ltd holds these shares in Capacity as the Trustee of Habil Khorakiwala Trust, being a partner of Humuza Consultants, Partnership Firm] | |||||||||||||||||
| rating.If Yes,1 Name of the issuer :2 Details of the debt instrument :4 Credit Rating of the debt instrument5 ISIN of theinstrurnent | Whether the encumbrance is relating to any debt instrumentsviz. debenture, commercial paper, certificate of deposit etc.? Ifyes, provide details about the instrument, including credit3 Whether the debt instrument is listed on stock exchanges? | Not Applicable | 1. WockhardLimited2. NonConvertibleDebenture('NCDs')3. The NCDs arenot listed4. CARE BBB-;Stable5.INE049B07048 | Not Applicable | 1. Wockhard Limited2. Non-Convertible Debenture ('NCDs')3. The NCDs are not listed4. CARE BBB-; Stable5.INE049B07055 | Not Applicable | 1. Wockhard Limited2. Non-ConvertibleDebenture ('NCDs')3. The NCDs are notlisted4. CARE BBB-; Stable5. INE049B07063 | Not Applicable | |||||||||||
| Security Cover/ Asset Cover | |||||||||||||||||||
| in Rs. ) | Value of shares on the date of event / agreement (A) (Amount | 1,909,830,000 | 88,610,000 342,550,000 | 475,250,000 | 1,518,900,000 1,746,410,000 | 458,800,000 | 716,880,000 657,140,000 | 1,304,310,000 | 697,180,000 | 319,725,000 | 124,218,000 | 62,109,000 | 1,612,632,500 | 149,409,150 | 242,979,750 | ||||
| (B) (Amount in Rs. ) | Amount involved (against which shares have been encumbered) | 700,000,000 N.A.[Release of part ofthe Pledged | 500,000,000 | 750,000,000N.A.[Release of partof the Pledged | 200,000,000 | 500,000,000 | 250,000,000 | N.A.[Release of part of the Pledged Shares] | 500,000,000 | @ | * | ||||||||
| Ratio of A / B | 2.728328571 * | * | Shares]N.A. | 3.0378 2.328546667 | Shares]N.A. | 3.2857 | 2.60862 | 2.78872 | N.A. | 3.225265 | @ | * | |||||||
| End use of money | |||||||||||||||||||
| Borrowed amount to be utilized | (a)Personal use by Promoters | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| for what purpose - | and PACs(b)For the benefit of listedcompanyProvide details includingamount, purpose of raisingmoney by listed company,schedule for utilization ofamount, repayment scheduleetcAny other reason (please | -The amount raised by creating Pledge on Shares have been partially extended unsecured loan | - | - | - | - | The amount ofRs. 75 croreraised by theCompany byissuance of NCDs(Tranche I) hasbeen utilised formeeting workingcapitalrequirementsand R&Dpurposes. Therepaymentschedule is 24 to36 months fromthe date of- | - | -The amount raised by creating Pledge on Shares have | - | The amount of Rs. 75 crore raised by theCompany by issuance of NCDs (TrancheII) has been utilised for meeting workingcapital requirements and R&D purposes.The repayment schedule is 24 to 36months from the date of allotment- | - | - | - | -The amount raised by creating Pledge on Shares have been partially | The amount of Rs. 50crore raised by theCompany by issuanceof NCDs (Series BTranche I) has beenutilised for meetingworking capitalrequirements andR&D purposes. Therepayment scheduleis 24 to 36 monthsfrom the date ofallotment | - | - | |
| specify) | to Wockhardt Limited from time to time. | been partially extended unsecured loan to WockhardtLimited from time to time. | extended unsecured loan to Wockhardt Limited from time to time. | -The amount raised by creating Pledge on Shareshave been partially extended unsecured loan toWockhardt Limited from time to time. |
* Extended additional collateral for loan (i.e. loan against pledge of shares) taken earlier from Standard Chartered. ^ The Shares were Pledged alongwith other collaterals for the loan from LIC Housing Finance Limited.
& The share are pledged in favour of Catalyst Trusteeship Limited ("Debenture Trustee") to secure the Non-Convertible Debentures issued and allotted to Centrum Credit Opportunities Trust ("Lender")
For and on behalf Humuza Consultants. Themisto Trustee Company Private Limited as Trustee
Dr. H. F. Khorakiwala, Director of Trustee
Place: Mumbai Date: 22-06-2021
