Zydus Lifesciences Buyback 2022 announced on 20 May 2022. The Zydus Lifesciences buyback to start from 23 June 2022 and closes on 06 July 2022. The Company will do Buyback with equity of 1,15,38,461 Equity Shares around 1.13% of Face Value ₹1/ Each Fully paid off at a Price Of ₹650/- Per Equity. The size of this Buyback is about ₹750 Crores. And this will be done through a Buyback Tender Offer.
Zydus Lifesciences Limited (Formerly known as Cadila Healthcare Limited), a leading Indian Pharmaceutical company is a fully integrated, global healthcare provider. The company manufactures formulations, APIs, vaccines, biosimilars, complex products (transdermals, topical etc.), animal health products as well as wellness products etc. Zydus continues to innovate with an unswerving focus to address the unmet healthcare needs.The company has more than 30 manufacturing plants worldwide including India, Germany, Brazil & USA.
The Company was restructured and thus was formed Cadila Healthcare under the aegis of the Zydus group. From a humble turnover Rs. 250 crores in 1995 the group witnessed a significant financial growth and registered a turnover of over Rs. 15,000 crores in FY-21.
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Necessity of the Issue :
- The Buyback is a capital allocation decision taken by the Company. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders’ value in longer term and improving the return on equity.
Zydus Lifesciences Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 02 June 2022 |
| Buyback Offer Amount | ₹750 Cr |
| Date of Board Meeting approving the proposal | 20 May 2022 |
| Date of Public Announcement | 23 May 2022 |
| Buyback Offer Size | 1.13% |
| Buyback Number of Shares | 1,15,38,461 |
| Listing | NSE, BSE |
| Face Value | ₹1- Rs. |
| Buyback Price | ₹650/- per share. |
Zydus Lifesciences Buyback 2022 Dates :
We have covered all important dates related to “Zydus Lifesciences Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 20 May 2022 |
| Buyback Approval date | 20 May 2022 |
| Public Announcement Date | 23 May 2022 |
| Buyback Record Date | 02 June 2022 |
| Buyback Opening Date | 23 June 2022 |
| Buyback Closing Date | 06 Dec 2022 |
Zydus Lifesciences Limited Financial Report (in million) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹81,606 | ₹60,638 | ₹8,579 |
| 2021 | ₹78,693 | ₹54,713 | ₹14,762 |
| 2020 | ₹71,968 | ₹49,243 | ₹13,536 |
Quick Link :
■ Publication Letter
■ Letter of Offer
■ Application Form
Registrar of The Buyback :
Link Intime India Private Limited
Address: C 101, 1st Floor, 247 Park,
L B S Marg, Vikhroli West, Mumbai – 400
083, Maharashtra, India
Tel. no.: +91 22 4918 6200
Fax no.: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in
Manager of The Buyback :
ICICI Securities Limited
Address: ICICI Venture House,
Appasaheb Marathe Marg, Prabhadevi,
Mumbai – 400025, Maharashtra, India
Tel. no.: +91 22 6807 7100
Fax no.: + 91 22 6807 7801
Email: [email protected]
Website: www.icicisecurities.com
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://www.zyduslife.com/
How to Participate in Zydus Lifesciences Ltd buyback?
The Investors are eligible for the buyback scheme who have Zydus Lifesciences shares in their Demat account as the Record date is 02 June 2022 as the offer is Open Market. Investors can participate in the Zydus Lifesciences Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Zydus Lifesciences buyback scheme.
How to apply for Zydus Lifesciences buyback zerodha?
You can apply for the buyback, follow the steps below:
- Visit console.zerodha.com.
- Click on the context menu and then Portfolio.
- Click on Corporate actions.
- Click the Buybacks tab, tap on Zydus Lifesciences and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Zydus Lifesciences buyback on Groww?
You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.
- Visit the official Groww website.
- Search Zydus Lifesciences Buyback in the search option.
- You can see Zydus Lifesciences buyback result in search option tap on the Zydus Lifesciences buyback.
- You will reach the Zydus Lifesciences buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Zydus Lifesciences buyback on upstox?
You can apply for the buyback, follow the few steps below:
- Login to the Upstox app using your 6-digit PIN or biometrics.
- Click on the Account Section on your right bottom corner (Applicable New upstox app).
- Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
- Select the Zydus Lifesciences stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
How to apply for Zydus Lifesciences buyback online on Linkintime?
You can apply for the buyback from Linkintime, follow the few steps below:
- Visit the official Linkintime website.
- Choose Investor service Option and then click Offer buyback. (Direct Link)
- Click drag down menu and select your buyback stock.
- Enter you choose Demat DPID Or Pan Number Or Foilio Number.
- Click Submit button.
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Zydus Lifesciences Buyback 2022 FAQs:
When is Zydus Lifesciences Buyback Announcement Date?
Zydus Lifesciences buyback 2022 announcement date is 20 May 2022.
When is Zydus Lifesciences Buyback Open Date?
Zydus Lifesciences buyback Open date is 23 June 2022.
When is Zydus Lifesciences Buyback Close Date?
Zydus Lifesciences buyback Close date is 06 July 2022.
When is Zydus Lifesciences Buyback Record Date?
Zydus Lifesciences buyback 2022 Record date is 02 June 2022 as the offer is Tender Offer.
What is Zydus Lifesciences Buyback Price?
Zydus Lifesciences company has fixed the price at ₹650 per share.
What is Zydus Lifesciences Buyback Offer Size?
Zydus Lifesciences company Buyback Offer Size is ₹750 Cr.
How to apply for Zydus Lifesciences Buyback 2022?
As per the record date you need to have Zydus Lifesciences shares in your Demat account. You can participate in buyback after having the stock in your account.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.