Torrent Pharmaceuticals has raised Rs 100 crore through Commercial Papers (CPs), with coupon rate of 4.00% p.a. The date of maturity of the said instruments is June 11, 2021.
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.