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Torrent Pharmaceuticals raises Rs 500 crore through NCDs

10 Nov 2022 Evaluate

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.

Peers
Company Name CMP
Sun Pharma. Inds. 1778.25
Dr. Reddys Labs. 1350.20
Cipla 1380.00
Lupin 2009.00
Zydus Lifesciences 1244.00
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