Torrent Pharmaceuticals raises Rs 195 crore via NCDs

25 Apr 2020 Evaluate

Torrent Pharmaceuticals has raised Rs 195 crore and allotted Non Convertible Debentures (NCDs) on private placement basis, with coupon rate of 7.70% p.a. The date of maturity of the said instruments is April 24, 2023.

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.

Torrent Pharma Share Price

2513.00 -51.05 (-1.99%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1620.50
Dr. Reddys Lab 6171.85
Cipla 1494.65
Zydus Lifesciences 1013.75
Lupin 1617.85
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