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Torrent Pharmaceuticals planning to raise up to Rs 5,000 crore
May-30-2023

Torrent Pharmaceuticals is planning to raise up to Rs 5,000 crore through the issuance of Equity Shares including Convertible Bonds / Debentures through Qualified Institutional Placement (QIP) and / or Depository Receipts or any other modes. The Board of Directors of the company in its meeting held on May 30, 2023 has recommended to the members to obtain enabling approval for the same. 

Torrent Pharmaceuticals is flagship company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.


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