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Sun Pharma gets nod to raise up to Rs 10,000 crore via NCDs

13 Oct 2026 Evaluate

Sun Pharmaceutical Industries (Sun Pharma) has received approval for the issuance of listed, rated, unsecured, redeemable nonconvertible debentures (NCDs), on a private placement basis, in one or more tranches and/or series, for an aggregate amount not exceeding Rs 10,000 crore. The Board of Directors of the Company at its meeting held on October 12, 2026, has, inter alia, considered and approved the same.

Sun Pharmaceutical Industries is engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulation and Active Pharmaceutical ingredients (APIs). 


Peers
Company Name CMP
Sun Pharma. Inds. 1769.10
Dr. Reddys Labs. 1239.65
Cipla 1330.00
Lupin 1960.00
Zydus Lifesciences 1131.00
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