Eris Lifesciences has informed that the Company has availed a Term Loan Facility from Citi Bank N.A. amounting to Rs 280,00,00,000 for financing the acquisition of the Nephrology and Dermatology businesses pertaining to the Indian Territory of Biocon Biologics as informed by the Company on November 08, 2023. In accordance with requirement of regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para B (5) of Part A of Schedule III and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, details attached shall be taken on record.
The above information is a part of company’s filings submitted to BSE.
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