Zydus Lifesciences of ₹600 crores licensed via the board of administrators on the assembly was once hung on February 8, 2024. Zydus Lifesciences will likely be executed by the use of the Tender Offer course throughout the inventory trade mechanism. The board of administrators of the corporate licensed the buyback via the Company of its absolutely paid-up fairness stocks having a face price of ₹1 every fairness percentage at a value of ₹1005 in step with Equity Share and for an combination quantity no longer exceeding ₹600 crores from the shareholders. Check out Zydus Lifesciences Buyback 2024 main points under:
Zydus Lifesciences Limited is a number one Indian Pharmaceutical corporate that gives healthcare products and services globally. The corporate manufactures formulations, APIs, vaccines, biosimilars, complicated merchandise (transdermals, topical and so on.), animal well being merchandise in addition to wellness merchandise. Zydus Lifesciences Limited has greater than 30 production crops international together with India, Germany, Brazil & USA. Zydus Lifesciences Limited is the fourth biggest pharmaceutical corporate in India. Zydus Lifesciences was once previously referred to as Cadila Healthcare Limited.
Zydus Lifesciences History
Zydus Lifesciences Buyback 2024 Dates
| Buyback Meeting Date: | February 9, 2024 |
| Buyback Announcement Date: | February 9, 2024 |
| Buyback Record Date: | February 23, 2024 |
| Last Date to Buy Shares: | February 22, 2024 |
| Buyback Open Date: | February 29, 2024 |
| Buyback Close Date: | March 07, 2024 |
| Finalization of Buyback Acceptance: | March 13, 2024 |
Zydus Lifesciences Buyback 2024 Offer Details
Zydus Lifesciences of 59,70,149 fairness stocks at a worth of ₹1005 in step with fairness percentage. The buyback gives to not exceed ₹600 crores of the whole buyback be offering measurement.
| Offer Amount: | ₹600 Crores |
| Number of Shares: | 5,970,149 Equity Shares |
| Face Value: | ₹1 in step with fairness percentage |
| Buyback Price: | ₹1005 in step with fairness percentage |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Zydus Lifesciences Buyback 2024 Acceptance Ratio
The investor will have to purchase round 199 stocks at a present marketplace value of ₹805 (as of date). The calculation will likely be ₹2,00,000 / ₹1,005 buyback value = 199 stocks.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹160,195 | 65 | ₹13,000 |
| 50% | ₹160,195 | 99 | ₹19,800 |
| 75% | ₹160,195 | 149 | ₹29,800 |
| 100% | ₹160,195 | 199 | ₹39,800 |
Zydus Lifesciences Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹14,404 | ₹11,013 | ₹2,185 |
| 2022 | ₹15,110 | ₹11,768 | ₹4,618 |
| 2023 | ₹17,237 | ₹13,378 | ₹2,092 |
How to Participate in Zydus Lifesciences Buyback 2024
The traders are eligible for the buyback scheme who’ve Zydus Lifesciences stocks of their Demat Account because the Record Date. Eligible Share Holders can take part within the Zydus Lifesciences Buyback 2024 scheme as in step with the hole shape via promoting their stocks. The cost will likely be given as in step with the Chambal Fertilisersepted stocks via the corporate underneath the Zydus Lifesciences scheme.
Zydus Lifesciences Buyback 2024 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Zydus Lifesciences Buyback 2024 Lead Managers
Zydus Lifesciences Company Address
Zydus Lifesciences Limited
Zydus Corporate Park, Scheme No. 63,
Khoraj (Gandhinagar), 536, Sarkhej-Gandhinagar Hwy
Near Vaishnodevi Circle, Ahmedabad, 382481
Phone: +91-79-71800000
Email: [email protected]
Website: https://zyduslife.com
How to Apply the Zydus Lifesciences thru Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Zydus Lifesciences”. Click on Place Order. Enter your Quantity and publish Zydus Lifesciences Application Form.
How to Apply the Zydus Lifesciences thru Upstox?
Log in to Upstox Application together with your credentials. Select the Zydus Lifesciences. You will see the Company Name “Zydus Lifesciences”. Click on Zydus Lifesciences Stock for Buyback. Enter your Quantity and publish Zydus Lifesciences Application Form.
How to Apply the Zydus Lifesciences thru Zydus Lifesciences Paytm Money?
Log in to Paytm Money Application together with your credentials. Select the Zydus Lifesciences. Enter your Quantity and publish Zydus Lifesciences Application Form.
Zydus Lifesciences Buyback 2024 FAQs
When is Zydus Lifesciences Buyback 2024 Record Date?
Zydus Lifesciences Buyback 2024 report date is February 23, 2024.
When is Zydus Lifesciences Buyback 2024 Open Date?
What is Zydus Lifesciences Buyback 2024 Price?
How to use for Zydus Lifesciences Buyback 2024?
– Source : IPOWATCH