MoneyWorks4Me

Panacea Biotec plans to raise fund

24 Jul 2014 Evaluate

Panacea Biotec, one of the leading research based health management companies of India, is planning to Raise Rs 250 crore. In this regard, the company’s board will meet on August 1, 2014 to consider raising of funds by way of issue of securities or equivalent thereof in any currency.

The board will also consider and approve the provisional unaudited financial results for the quarter ended June 30, 2014.

Panacea Biotec is one of India’s leading research based health management companies with established research, manufacturing and marketing capabilities.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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