WOCKHARDT LTD. - Board Meeting On 4Th May, 2017

This is in continuation to our communication dated 21st April, 2017 intimating about meeting of Board of Directors on 4th May, 2017. In this regard, we have to inform you that Board of Directors in the said meeting will also consider seeking approval of the Shareholders of the Company: (i) at the ensuring Annual General Meeting, including Notice thereof, for raising funds through issuance of Non-Convertible Debentures on private placement basis; and (ii) through postal ballot, including Notice thereof, for raising funds by issue of Equity Shares etc. as detailed under point (iv) of the said notice of Board meeting dated 21st April, 2017. Kindly take the above information on record.