Investors looking to participate in Zydus Lifesciences’ share buyback worth Rs 1,100 crore will likely have to purchase the shares of the company latest by Wednesday, May 27, before the stock goes ex-record date for the corporate action on Friday.
The pharma company fixed the record date to determine shareholder eligibility for the corporate action on May 29 (Friday). Only those shareholders who own the shares of the company in their demat accounts as on the record date will be eligible to tender shares.