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 May 13, 2016 has considered and approved in-principle, the following fund raising proposals, which are subject to approval of the members at the ensuing Annual General Meeting :

1. to issue Equity Shares / convertible Bonds through Qualified Institutional Placement [QIP] / GDR / ADR / FCCBs / FCEBs / Convertible Securities for an aggregate amount upto Rs. 10,000 Crores,

2. to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis for an amount upto Rs. 3,500 crores in the Financial Year 2016-17, and

3. to issue Secured / Unsecured Foreign Currency Rated Bonds / Foreign Currency Convertible Bonds for an amount upto Rs. 5,000 crores.
 

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