Skip to main content

MoneyWorks4Me

Zydus Wellness gets approval to raise Rs 1,500 crore via NCDs

11 Jan 2019 Evaluate

Zydus Wellness has received approval to raise funds of aggregate nominal value up to Rs 1,500 crore through issuance of rated, secured, listed, redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 10 lakh on private placement basis. The Board of Directors of the Company at its meeting held on January 11, 2019 has approved the same.

Zydus Wellness is an integrated consumer company. The company is engaged in the development, production, marketing and distribution of health and wellness products.

Peers
Company Name CMP
Nestle India 1245.00
Varun Beverages 407.15
Britannia Industries 4915.80
LT Foods 410.95
Hatsun Agro Product 1033.15
View more..