Date: August 26, 2026
Subsidiary Incorporation Details
- Zydus Lifesciences Limited incorporated a wholly owned subsidiary named Zydus Global Treasury Centre IFSC Limited ("GIFT City Company") on August 25, 2026.
- The subsidiary is located in GIFT City, Gandhinagar, Gujarat.
- Authorized share capital: ₹5 Crores
- Paid-up share capital: ₹5 Crores
- Turnover: Nil (as the subsidiary is yet to commence business operations)
- Business activity: To undertake the business of Global and/or Regional Corporate Treasury Centre and to carry out treasury activities and treasury services.
Ownership and Transaction Details
- 100% subscription to the paid-up share capital of the GIFT City Company was made in cash.
- The company acquired 100% shareholding and control of the subsidiary upon incorporation.
- This incorporation does not constitute a related party transaction with promoters or group companies, as it is a newly incorporated entity.
- Upon incorporation, the GIFT City Company has become a related party of Zydus Lifesciences Limited as a wholly owned subsidiary.
Management Certification
- The announcement was signed by Dhaval N. Soni, Company Secretary and Compliance Officer (Membership No. FCS7063) of Zydus Lifesciences Limited.
- Digital signature timestamp: August 26, 2026 at 11:03:33 +05'30'