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Zydus Lifesciences Buyback 2022 Record Date, Price & Ratio Details

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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

    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 RatioInvestmentShares BuybackProfit
    33%₹109,846101₹29,750
    50%₹109,84615345,076
    75%₹109,846230₹67,615
    100%₹109,84630790,153

    Zydus Lifesciences Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    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

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai – 400083
    Phone: +91-22-4918 6270
    Website: https://linkintime.co.in/

    Zydus Lifesciences Buyback 2022 Lead Managers

    • ICICI Securities Limited

    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
    Website: https://www.zyduslife.com

    Zydus Lifesciences Buyback 2022 FAQs

    When is Zydus Lifesciences Buyback 2022 Record Date?

    Zydus Lifesciences buyback 2022 record date is June 02, 2022.

    When is Zydus Lifesciences Buyback 2022 Open Date?

    Zydus Lifesciences buyback 2022 open date is June 23, 2022.

    What is Zydus Lifesciences Buyback 2022 Price?

    The company has fixed the price at ₹650 per share.

    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.

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