FMCG firm Zydus Wellness said it has raised Rs 649.97 crore through issuance of equity shares to qualified institutional buyers (QIBs). In August this year, Zydus Wellness” board had approved plans to raise up to Rs 1,099.98 crore through a combination of issuance of shares to its promoter Zydus Family Trust on a preferential basis and other options.

(Moneycontrol)