Wockhardt Limited announced that the Credit Facilities Committee of the Board of Directors of the company, at its meeting held on 21 May, 2021, approved the raising of funds upto INR 1,500 million through issuance of Rated/Unrated, Listed/Unlisted, Secured/Unsecured Non-Convertible Debentures on private placement basis, in one or more tranches/series to such eligible investors as maybe deemed appropriate.