Zydus Wellness board approves fund-raising of up to Rs 1,100 crore

In a regulatory filing, Zydus Wellness said its board gave its approval "to issue, offer and allot equity shares on a preferential basis" to Zydus Family Trust. The board has accorded approval to raise Rs 349.98 crore through issuance of 21,30,000 shares at price of Rs 1,643.10 per share.

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