Alembic Pharmaceuticals’ board has approved the issue of Unsecured Listed Rated Redeemable Non-Convertible Debentures (NCDs) of upto Rs 300 crore on private placement basis in one or more tranches. The Board of directors of the company at its meeting held on June 12, 2019 has approved for the same.
Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907.