WOCKHARDT LTD. - Board Meeting Outcome for Outcome Of The Meeting Of The Capital Raising Committee
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| 26 Mar 2024 | |
| The Capital Raising Committee of the Company has, at its meeting held today, i.e. Tuesday, 26th March, 2024, inter alia: approved the closure of Issue today, i.e. Tuesday, 26th March, 2024, and determined the allocation of 92,85,163 Equity Shares at an issue price of ?517/- per Equity Share (including a premium of ?512/- per Equity Share), which includes a discount of ?27.02/- per Equity Share equivalent to 4.97% to the floor price of ?544.02/- per Equity Share, determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible QIBs in the Issue; approved and adopted the placement document dated 26th March, 2024 ('Placement Document') in connection with the Issue; and approved and finalized the confirmation of allocation note for sending to such QIBs to whom the allocation of Equity Shares pursuant to the issue is to be confirmed; | |
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