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Monday, April 11, 2011

Zydus Wellness Ltd: Updates

Zydus Wellness Ltd has informed BSE that the Company has entered into a Media Service Agreement with MediaVest Worldwide, a media specialist division of TLG India Pvt Ltd (TLG). Pursuant to an agreement TLG will provide advertising and media consultancy services to the Company.

TLG or any of its associates do not hold any shares of the Company. Further, there are no nominees of TLG on the Board of the Company and TLG does not have any management control or potential conflict of interest arising out of the above agreement.

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