Detailed Summary

Buyback Details

  • Buyback Size: ₹1100,00,00,000 (One Thousand One Hundred Crore Rupees)
  • Number of Shares: 87,30,158 (Eighty Seven Lakh Thirty Thousand One Hundred Fifty Eight) equity shares
  • Face Value: ₹1 per share
  • Buyback Price: ₹1,260 per equity share
  • Buyback Route: Tender offer route on proportionate basis
  • Record Date: Friday, May 29, 2026

Transaction Execution

  • Tendering Period: Opened June 4, 2026 and closed June 10, 2026
  • Total Amount Utilized: ₹1099,99,99,080 (excluding transaction costs)
  • Transaction Costs: Not included in buyback size, covering brokerage, taxes, filing fees, advisory fees, publication expenses, etc.

Subscription Details

  • Total Valid Bids: 51,454 bids
  • Total Shares Tendered: 81,72,41,315 equity shares
  • Oversubscription: 93.61 times
  • Invalid Bids: 264 bids for 14,849 shares from ineligible shareholders
  • Excess Tenders: 173 eligible shareholders tendered 3,306 excess shares in Reserved Category; 28 eligible shareholders tendered 3,661 excess shares in General Category

Category-wise Allocation

| Category | Shares Reserved | Valid Bids Received | Shares Tendered | Response (%) |

| Reserved Category (Small Shareholders) | 13,09,524 | 44,748 | 34,18,225 | 261 |

| General Category | 74,20,634 | 6,706 | 81,38,23,090 | 10,967 |

| Total | 87,30,158 | 51,454 | 81,72,41,315 | 9,361 |

Settlement Process

  • Acceptance Communication: Dispatched by Registrar on June 17, 2026
  • Settlement Completion: June 17, 2026 by Clearing Corporation
  • Funds Transfer: Direct payout to eligible shareholders; amounts transferred to seller members if bank details unavailable
  • Share Transfer: Accepted dematerialized shares transferred to company's demat account on June 17, 2026
  • Extinguishment: Process ongoing, to be completed by June 29, 2026

Capital Structure Impact

| Particulars | Pre-Buyback | Post-Buyback* |

| Authorized Share Capital | 172,50,00,000 shares (₹172.50 crore) | 172,50,00,000 shares (₹172.50 crore) |

| Issued, Subscribed & Paid-up Capital | 100,62,33,990 shares (₹100.62 crore) | 99,75,03,832 shares (₹99.75 crore) |

*Subject to extinguishment of 87,30,158 equity shares

Major Participants (>1% of bought back shares)

| Shareholder | Shares Accepted | % of Bought Back | % of Post-Buyback Capital* |

| Zydus Family Trust | 63,49,542 | 72.73% | 0.64% |

| LICI New Pension Plus Growth Fund | 4,18,746 | 4.80% | 0.04% |

| Parag Parikh Large Cap Fund | 1,69,079 | 1.94% | 0.02% |

| Kotak Mahindra Trustee Co Ltd A/C Kotak Nifty Next 50 ETF | 94,908 | 1.09% | 0.01% |

| Total | 70,32,275 | 80.55% | 0.70% |

Shareholding Pattern Change

| Category | Pre-Buyback Shares | Pre-Buyback % | Post-Buyback Shares | Post-Buyback % |

| Promoter & Promoter Group | 75,46,25,314 | 74.99% | 74,82,73,673 | 75.01% |

| Non-Promoters | 25,16,08,676 | 25.01% | 24,92,30,159 | 24.99% |

| Total | 100,62,33,990 | 100.00% | 99,75,03,832 | 100.00% |

*Subject to extinguishment of 87,30,158 equity shares

Key Parties Involved

  • Manager to Buyback: ICICI Securities Limited (SEBI Reg: INM000011179)
  • Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Clearing Corporation: Handled settlement process

Directors' Certification

The Board of Directors accepts full responsibility for the information contained in this advertisement, confirming it contains true, factual and material information without any misleading content. The advertisement is issued under Board authority pursuant to Buyback Committee resolution passed on June 17, 2026.