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BIOCON LTD. - Filing of DRHP by Subsidiary, Syngene International Limited
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23 Apr 2015
Biocon Ltd has informed BSE that Syngene international Limited, a subsidiary of the Company has proposed public issue of its equity shares through 100% book building method in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and has filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India on April 22, 2015.&lt;BR&gt;&lt;BR&gt;Under the proposed issue, shares will be offered through an offer for sale (OFS) route by Biocon Limited upto 22,000,000 equity shares of face value of Rs. 10 each for cash and at such premium as may be determined. The offer includes a reservation of 2,000,000 Equity Shares for Biocon Shareholders.
View all announcements for BIOCON LTD. Source: BSE India