Torrent Pharmaceuticals has raised Rs 500 crore through issuance of Non-Convertible Debentures (NCDs) on Private Placement basis on November 09, 2022. The date of maturity of said NCDs will be 7 years from date of allotment.
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.