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Aurobindo Pharma gets nod to raise $350 million via QIP

23 Jan 2015 Evaluate

Aurobindo Pharma has received its board approval to raise up to an amount of $350 million through issue shares to Qualified Institutional Buyers. The approval to issue shares under Qualified Institutional Placement (QIP) was secured at a meeting held on January 21, 2015.

Aurobindo Pharma manufactures generic pharmaceuticals and active pharmaceutical ingredients. The company’s robust product portfolio is spread over 6 major therapeutic/product areas encompassing Antibiotics, Anti-Retrovirals, CVS, CNS, Gastroenterologicals, and Anti-Allergics, supported by an outstanding R&D set-up.

Aurobindo Pharma Share Price

1562.40 -13.45 (-0.85%)
01-Jul-2026 13:51 View Price Chart
Peers
Company Name CMP
Sun Pharma. Inds. 1872.45
Dr. Reddys Labs. 1343.20
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Lupin 2400.75
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