Alembic Pharmaceuticals has received approval to raise funds upto Rs 500 crore through issuance of unsecured listed redeemable Non-Convertible Debentures (NCDs) on private placement basis. The Board of Directors of the company at their meeting held on December 6, 2018, approved the same.
Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907.