Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Biocon has informed that the Board of Directors at its meeting held today, on Monday, January 27, 2025, has approved issuance of Commercial Papers (CP) of Rs. 570 Crores on private placement basis. The above-mentioned information will also be available on website of the Company at www.biocon.com. Further, the Board Meeting commenced at 9:00 am and concluded at 9:20 am.
The above information is a part of company’s filings submitted to BSE.