Wockhardt Limited — Others, 08-08-2025: Shareholders meeting

Wockhardt Limited's 26th Annual General Meeting concluded with shareholders approving all nine resolutions. A major development is the approval to raise up to Rs. 2,000 Crore in additional capital through offerings like a QIP, which boosts the company's future funding flexibility. Shareholders also approved the audited financial statements for the fiscal year ended March 31, 2025. Furthermore, the remuneration for Executive Director Dr. Huzaifa Khorakiwala and Managing Director Dr. Murtaza Khorakiwala was revised from Rs. 2.80 Crore to Rs. 4 Crore annually, with Board discretion to increase it up to Rs. 6 Crore. Approval for Material Related Party Transactions was also granted.