Key Quantitative Figures

  • Original Buyback Price: ₹1,150 per equity share
  • Revised Buyback Price: ₹1,260 per equity share (9.57% increase)
  • Original Number of Shares: 95,65,217 equity shares (0.95% of paid-up capital)
  • Revised Number of Shares: 87,30,158 equity shares (0.87% of paid-up capital)
  • Buyback Size: ₹1,100 crore (unchanged)
  • Record Date: May 29, 2026

Dates of Action

  • Board Meeting approving original buyback: May 19, 2026
  • Committee Meeting approving price revision: May 27, 2026
  • Public Announcement published: May 21, 2026
  • Addendum published: May 28, 2026

Parties Involved

  • Manager to Buyback: ICICI Securities Limited
  • Promoter and Promoter Group: Participating in buyback
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited

Financial Impact

  • Buyback size represents 5.16% of aggregate of total paid-up equity share capital and free reserves as per latest audited standalone financial statements
  • Represents 3.84% of aggregate of total paid-up equity share capital and free reserves as per latest audited consolidated financial statements
  • Within statutory limit of 10% under board approval route
  • Number of shares bought back (0.87%) within prescribed 25% limit

Premium Calculations

The revised buyback price represents:

  • 35.73% premium on NSE and 35.13% on BSE over 2-week VWAP preceding Intimation Date
  • 38.21% premium on NSE and 38.35% on BSE over 3-month VWAP preceding Intimation Date
  • 38.38% premium on NSE and 38.44% on BSE over 60-trading day VWAP preceding Intimation Date
  • 23.66% premium on both NSE and BSE over closing price on Board Meeting date
  • 35.39% premium on NSE and 35.37% on BSE over closing price on trading day preceding Intimation Date

Publication Details

The Addendum was published on May 28, 2026 in:

  • Financial Express (English - all editions)
  • Jansatta (Hindi - all editions)
  • Financial Express (Gujarati - Ahmedabad edition)

Availability of Documents

Copies available on:

  • Company website: www.zyduslife.com
  • Manager website: www.icicisecurities.com
  • SEBI website: www.sebi.gov.in
  • NSE website: www.nseindia.com
  • BSE website: www.bseindia.com

Directors' Responsibility Statement

The Board accepts full responsibility for the Addendum contents and confirms it contains true, factual and material information without any misleading information.