Corporate Announcement
Security Code : 532321    Company : ZYDUSLIFE    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Cadila Healthcare Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 08, 2015, has been decided to obtain enabling approval of the shareholders' of the Company through postal ballot process for issuance of the following securities.

1. Equity Shares including Convertible Bonds/Debenture through Qualified Institutional Placement (QIP) and/or Depository Receipts or any other modes for an amount not exceeding Rs 10,000 Crores; and

2. Unsecured / Secured Redeemable Non-Convertible Debentures / Bonds by way of Private Placement for an amount not exceeding Rs 3,500/- Crores, subject to the overall borrowing limits of Rs.10,000/- Crores proposed.
 

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