Remedium Lifecare planning to increase borrowing limit by issuance of debt securities

Supha Pharmachem Ltd. | Trading | Miscellaneous | BSE: 539561 | NSE:

15 Jun 2023 Evaluate

Remedium Lifecare is planning to increase borrowing limit from Rs 50 crore to Rs 1000 crore by issuance of debt securities ie. Non -Convertible Debentures(NCD), Bank Term Loans etc. The company is also planning to consider and approve limit for investment by way of acquisition of Asset such as Plant &, Machinery, securities, etc upto Rs 1000 crore. The meeting of the Board of Directors of the Company is scheduled to be held on June 23, 2023 to consider the same.

Remedium Lifecare is pharmaceutical company aligned across two business verticals viz. Products and Services.

Peers

Company Name	CMP
Redington	406.55
Adani Enterprises	2908.90
Amrapali Industries	37.00
Rashi Peripheral	883.70
ABans Enterprises	26.46
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.