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Torrent Pharmaceuticals redeems NCDs worth Rs 83 crore

25 Jun 2019 Evaluate

Torrent Pharmaceuticals has redeemed the Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 83 crore. The company has repaid the same on June 24, 2019.

Torrent Pharmaceuticals is Flagship Company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.

Peers
Company Name CMP
Sun Pharma. Inds. 1756.90
Dr. Reddys Labs. 1195.10
Cipla 1303.30
Lupin 1960.00
Zydus Lifesciences 1115.10
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