Updates

Zydus Lifesciences Limited announced the extinguishment of 8,730,158 fully paid-up equity shares following a share buyback. These shares, with a face value of INR 1 each, were bought back at a price of INR 1,260 per share through a tender offer route. The aggregate amount for this buyback totalled INR 1,100 crore. This action reduces the company's outstanding share capital, which can potentially enhance earnings per share (EPS) and shareholder value for the remaining investors.