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Tag Archives: wellness

Zydus Wellness gets approval to raise Rs 1,500 crore via NCDs

Zydus Wellness has received approval to raise funds of aggregate nominal value up to Rs 1,500 crore through issuance of rated, secured, listed, redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 10 lakh on private placement basis. The Board of Directors of the Company at its meeting held on January 11, 2019 has approved the same. Zydus ... Read More »

Cadila Healthcare enters into agreement with Zydus Wellness

Cadila Healthcare has entered into a share subscription agreement (SSA) with Zydus Wellness (ZWL), a subsidiary Company, to subscribe to 85,02,170 equity shares at an issue price of Rs 1,382 amounting to Rs 1174.99 crore. Cadila Healthcare is an India-based pharmaceutical company. The company’s subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth ... Read More »

Zydus Wellness enters into separate share subscription agreements

Zydus Wellness has entered into separate share subscription agreements (SSAs) with True North Fund V LLP and True North Fund VI LLP, Pioneer Investment Fund, Cadila Healthcare and Zydus Family Trust, for subscribing to the equity shares of the company, proposed to be issued on a preferential basis. Zydus Wellness is an integrated consumer company. The company is engaged in ... Read More »

Zydus Wellness planning to raise funds on private placement basis

Zydus Wellness is planning to raise funds through issue of securities on a preferential allotment basis and raising debt through issue of secured or unsecured redeemable, Non-Convertible Debentures (NCDs) on private placement basis. The Board of Directors of the Company at its meeting to be held on December 06, 2018, to consider the same. Zydus Wellness is an integrated consumer ... Read More »