Apollo Hospitals issues warrants

1. To issue up to 1,549,157 Warrants on a preferential basis to Dr. Prathap C Reddy, one of the promoters of the Company with each Warrant convertible into one equity share of the Company of nominal value of Rs 10/- each at a price of Rs 497.69 which includes a premium of Rs 487.69 per share, which price is not less than the price calculated in accordance with Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.

2. To issue up to 7,047,119 equity shares of the Company of nominal value of Rs 10/- each at a price of Rs 605.07 per Share which includes a premium of Rs 595.07 per Share, which price is not less than the price calculated in accordance with the SEBI (DIP) Guidelines, on a preferential basis to any or all of the following entities, (i) Apax Mauritius (FVCI) Ltd., and (ii) Apax Mauritius FDI One Ltd, Companies incorporated under the laws of Mauritius.