Wockhardt To Raise Rs 400 Crore Via QIP—NDTV Profit Exclusive

The price for the QIP is likely to be based on the 10-day average price of Rs 561, people familiar with the matter said.

Smriti Chaudhary

26 Feb 2024, 05:15 PM IST

(Source: Company Website)

Wockhardt Ltd. is set to raise Rs 400 crore through a qualified institutional placement, according to people with knowledge of the matter.The price for the QIP is likely to be based on the 10-day average price of Rs 561, the people quoted above said on the condition of anonymity due to the confidential nature of the information.An email sent to the company for comments remained unanswered.In August 2023, shareholders of the company a...

Wockhardt To Raise Rs 400 Crore Via QIP—NDTV Profit Exclusive

The price for the QIP is likely to be based on the 10-day average price of Rs 561, people familiar with the matter said.

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