Wockhardt has got shareholders approval for raising up to Rs 1,000 crore via equity shares or other securities.
Wockhardt has said in a BSE filing that the company sought approval through postal ballot for raising additional capital by way of one or more public or private offerings including through a Qualified Institutional Placement (QIP) to investors through issuance of equity shares or other eligible securities for an amount not exceeding Rs 1,000 crore .
It added that “The above special resolution has been approved by the members of the company with requisite majority.”
