Natco Pharma Ltd.

In a bid to set up a pre-filled syringe unit, Natco Pharma is planning to raise around Rs 150 crore by end of next month. The proposed unit will be coming up at Kothur in Mahbubnagar district of Andhra Pradesh.

The company, on September 28, received its shareholders’ approval to mobile funds through a variety of instruments, including qualified institutions placements, fully or partly convertible debentures, non-convertible debentures with warrants and foreign currency convertible bonds.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.