Zydus Lifesciences buyback 2022 was announced on May 20, 2022. The Zydus Life buyback open date is June 23 and will close on July 6, 2022. Zydus buyback record date is June 2, 2022. The investor should buy the Zydus Lifesciences shares before the record date to get eligibility for the buyback.
Zydus Lifesciences Buyback of ₹750 crores approved by the board of directors at the meeting was held on May 20, 2022. Zydus Lifesciences will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹1 for each equity share at a price not exceeding ₹650 per Equity Share and for an aggregate amount not exceeding ₹750 crores from the shareholders. Check out Zydus Lifesciences Buyback 2022 details below:
Zydus Lifesciences Limited (Formerly known as Cadila Healthcare Limited), is a leading Indian Pharmaceutical company and is a fully integrated, global healthcare provider. The offers healthcare services globally. They are manufacturers of formulations, APIs, vaccines, biosimilars, complex products (transdermals, topical, etc.), animal health products as well as wellness products. They have its manufacturing plant in India, Germany, Brazil & USA. Zydus is ranked 4th largest pharmaceutical company, and has earned a reputation amongst Indian pharmaceutical companies for providing comprehensive and complete healthcare solutions. The company registered a turnover of over Rs. 15,000 crores in FY-21.
Zydus Lifesciences Buyback 2022 Dates
| Buyback Meeting Date: | May 20, 2022 |
| Buyback Announcement Date: | May 20, 2022 |
| Buyback Record Date: | June 02, 2022 |
| Buyback Open Date: | June 23, 2022 |
| Buyback Close Date: | July 06, 2022 |
| Finalization of Buyback Acceptance: | July 14, 2022 |
Zydus Lifesciences Buyback 2022 Offer Details
Zydus Lifesciences buyback of 1,15,00,000 equity shares at a price of ₹650 per equity share. The buyback offers not to exceed ₹750 crores of the total buyback offer size.
| Offer Amount: | ₹750 Crores |
| Number of Shares: | 1,15,00,000 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹650 per equity share |
| Listing: | BSE & NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Zydus Lifesciences Buyback 2022 Acceptance Ratio
The investor should buy around 500 shares at a current market price of ₹301 (as of 20 May 2022). The calculation will be ₹2,00,000 / ₹650 buyback price = 307 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹109,846 | 101 | ₹29,750 |
| 50% | ₹109,846 | 153 | ₹45,076 |
| 75% | ₹109,846 | 230 | ₹67,615 |
| 100% | ₹109,846 | 307 | ₹90,153 |
Zydus Lifesciences Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT | ||
| 2020 | ₹7197 | ₹5210 | ₹1413 | ||
| 2021 | ₹7869 | ₹5280 | ₹1476 | ||
| 2022 | ₹8161 | ₹6518 | ₹858 | ||
Zydus Lifesciences Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have Zydus Lifesciences shares in their Demat account as the record date is June 02, 2022. 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.
Zydus Lifesciences Buyback 2022 Registrar
Zydus Lifesciences Buyback 2022 Lead Managers
- ICICI Securities Limited
Zydus Lifesciences Company Address
Zydus Lifesciences Buyback 2022 FAQs
When is Zydus Lifesciences Buyback 2022 Record Date?
When is Zydus Lifesciences Buyback 2022 Open Date?
What is Zydus Lifesciences Buyback 2022 Price?
How to apply for Zydus Lifesciences Buyback 2022?
Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
