NSEGeneral Updates1d ago · 1 Oct 2026, 09:39 pm
General Updates
Zydus Lifesciences Limited · ZYDUSLIFE
✦ AI SummaryJoint Venture
Zydus Lifesciences Limited has informed the Exchange about General Updates regarding the extension of the date of closing for the subscription of 50% of the total paid-up equity share capital of Zydus Sunshine Lifesciences (Private) Limited, a 50:50 joint venture with Sunshine Healthcare Lanka Limited.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Zydus Lifesciences Limited has informed the Exchange about General Updates
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Cadilahc_01102026213928_SriLankaJV_Extension.pdf
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October 1, 2026
Listing Department Code: 532321 Listing Department Code: Zyduslife
BSE Limited National Stock Exchange Of India Limited
P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Fort, Mumbai-400001 Bandra (E), Mumbai-400051
Re.: Update on Investment in the equity shares of Zydus Sunshine Lifesciences
(Private) Limited (“Zydus Sunshine”)
Ref.: 1. Intimation under regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular
dated January 30, 2026
2. Our earlier intimation dated June 26, 2026
Dear Sir / Madam,
In our earlier intimation dated June 26, 2026, Zydus Lifesciences Limited (“the Company”)
intimated about execution of Share Subscription and Shareholders’ Agreement (“SSSHA”)
with Sunshine Healthcare Lanka Limited (“Sunshine”) and Zydus Sunshine Lifesciences
(Private) Limited (“Zydus Sunshine”) to subscribe 50% of the total paid-up equity share
capital of Zydus Sunshine (“Subscription Shares”). It was also informed that post
subscription of the Subscription Shares, Zydus Sunshine shall become a 50:50 joint
venture of Zydus and Sunshine.
This is to inform that Zydus and Sunshine are still in the process of completing condition
precedents of the SSSHA. In view of the same, and as per the terms and conditions of the
SSSHA, the Company and Sunshine have mutually decided to extend the date of closing.
The Company and Sunshine have today, i.e. October 1, 2026, executed a letter to extend
the date of completion as above. In view of the same, the transaction is expected to be
completed by December 2026.
Please take the above on record.
Thanking you,
Yours faithfully,
For, Zydus Lifesciences Limited
Dhaval N. Soni
Company Secretary and Compliance Officer
Membership No. FCSS7063