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Natco Pharma invests Rs 5 crore in OMRV Hospitals

03 Dec 2019 Evaluate

Natco Pharma has completed the investment of Rs 5 crore in OMRV Hospitals in the form of 5,00,000, 0.05% Compulsory Convertible Cumulative Preference Shares (CCCPS) under Private Placement. The company will be holding 12.81% of the shares on a fully diluted basis of Share Capital of OMRV Hospitals.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.

Peers
Company Name CMP
Sun Pharma. Inds. 1842.00
Dr. Reddys Labs. 1161.00
Cipla 1365.00
Lupin 2096.00
Zydus Lifesciences 1119.50
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