Zydus Wellness Limited — Capital/Financing Update 2020

Aug 27, 2020

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August 27, 2020

The Secretary, Listing Department The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5[th] Floor, Plot No. C/1 Dalal Street, Fort G Block, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Maharashtra, India Maharashtra, India Scrip Code: 531 335 Symbol: ZYDUSWELL

Dear Madam/Sir,

Sub: Intimation regarding the outcome of the meeting of the board of directors (“Board”) of Zydus Wellness Limited (“Company”), pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”)

Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that the Board at its meeting, held earlier today, considered and accorded its approval for undertaking the following activities to raise capital, on such terms and conditions as may be determined by the Board and subject to approval of the members and any statutory/regulatory authorities, if any, in accordance with applicable laws:

• (i) to issue, offer and allot equity shares (of face value of Rs. 10 each) on a preferential basis, to below mentioned investor, in accordance with the provisions of the Companies Act, 2013 (the “ Act ”), Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ SEBI ICDR Regulations ”) and such other acts / rules / regulations as may be applicable (each as amended).

Sr.No.	Name of the investor	No. of equityshares to besubscribed	SubscriptionPrice**(in Rs.) ***	Total amount ofsubscription(in Rs.)
1.	Zydus Family Trust	21,30,000	1,643.10	349,98,03,000

* Floor price based on the pricing formula prescribed under Chapter V of SEBI ICDR Regulations is Rs. 1,643.05.

(ii) to raise funds up to an amount of Rs. 750,00,00,000/- (Rupees Seven Hundred Fifty Crores only) by issuing securities of the Company, including equity shares (of face value of Rs. 10 each) (or equivalent instruments including but not limited to compulsorily convertible debentures, non-convertible debentures with warrants, etc.) through a a private placement or qualified institutions placements (“ QIP ”) to qualified institutional buyers (“ QIBs ”) or a combination thereof, in accordance with the provisions of the Act, SEBI ICDR Regulations and such other acts / rules / regulations as may be applicable (each as amended).

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In furtherance to the above, the Board has decided to convene an extraordinary general meeting of the members of the Company on September 19, 2020 to seek the approval of the members for the proposed fund raising activities.

The time of commencement of the meeting of the Board was 8:15 a.m. and the time of conclusion was 8:54 a.m.

Shareholders are requested to register their email addresses, in respect of electronic holdings with the Depository through the concerned Depository Participants and in respect of physical holdings with the Company’s Registrar and Share Transfer Agent as per the details given below:

LINK INTIME INDIA PRIVATE LIMITED Unit – Zydus Wellness Limited 5th Floor, 506 to 508, Amarnath Business Centre – 1 (ABC -1), Beside Gala Business Centre, Nr. St. Xavier‘s College Corner, Off C.G. Road, Navrangpura, Ahmedabad -380009 E-Mail : ahmedabad@linkintime.co.in Tele/fax: +91(0)79 2646 5179

Kindly take the same on record and disseminate the information to your members accordingly.

Thanking you,

Yours faithfully,

For ZYDUS WELLNESS LIMITED

DHANRA Digitally signed by DHANRAJ DAGAR J DAGAR Date: 2020.08.27 08:56:45 +05'30'

DHANRAJ DAGAR COMPANY SECRETARY