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Lactose India to avail term loan, line of credit facility from Aditya Birla Finance

17 Aug 2019 Evaluate

Lactose (India) has entered into agreement on August 16, 2019 for availing term loan/ line of credit facility of Rs 39.50 crore from Aditya Birla Finance. Of the total, the term loan will be Rs 37.91 crore. Besides, the company will avail Line of Credit facility of Rs 1.59 crore for meeting regular working capital requirements.

Lactose (India) is a leader and pioneer in the manufacturing of Lactose Monohydrate IP/BP/USP Grades not only in India but in the Whole of Asia.

Peers
Company Name CMP
Sun Pharma. Inds. 1820.00
Dr. Reddys Labs. 1236.00
Cipla 1350.00
Lupin 2042.00
Zydus Lifesciences 1163.35
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