Zenex Animal Health India Private Limited

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The proposed IFC investment involves the purchase of equity shares of Zenex Animal Health India Private Limited (“Zenex” or the Company) from Multiples Private Equity Fund III (“Multiples”).Zenex commenced its business with the acquisition of the animal health business of Zydus Animal Health and Investments Limited, a wholly owned subsidiary of Cadila Healthcare Limited, which focused on the development, marketing and sale of drugs, vaccines and feed supplements for livestock, poultry, companion, and other animals, for markets in India and certain other countries. This has been funded by equity from investors including Multiples and with debt.Zenex is involved in the manufacturing, marketing, and sale of animal health products for the livestock and poultry segment.