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Alembic Pharmaceuticals to raise Rs 500 crore via NCDs

06 Dec 2018 Evaluate

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.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
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