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Nov 23, 2012, 05.52 PM IST | Source:

Ranbaxy Labs issues redeemable NCDs worth Rs 500cr

Ranbaxy Labs has issued 5000 secured 9.20% redeemable NCDs of face value of Rs 10 Lk each, for cash at par, aggregating Rs 500cr

Ranbaxy Laboratories Ltd has informed BSE that the Company on November 23, 2012 has issued 5,000 Secured 9.20% Redeemable Non-Convertible Debentures of face value of Rs. 10,00,000/- each, for cash at par, aggregating Rs. 500 Crores, on a private placement basis, for general corporate purposes. These Debentures have been rated AA+ by CARE and are proposed to be listed on National Stock Exchange of India Ltd. (NSE).Source : BSE

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