Moneycontrol
Get App
you are here: HomeNewsBusiness
Last Updated : Dec 14, 2018 01:34 PM IST | Source: PTI

Alembic Pharma raises Rs 350 crore via NCDs

"The NCD committee of Alembic Pharmaceuticals Ltd...has allotted 1,500, 9 per cent rated unsecured listed redeemable non-convertible debentures (NCDs)... aggregating to Rs 150 crore under tranche I," Alembic Pharmaceuticals said in a regulatory filing.

Representative image
Representative image
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Drug firm Alembic Pharmaceuticals on Friday said it has raised Rs 350 crore through allotment of non-convertible debentures (NCDs) on private placement basis.

"The NCD committee of Alembic Pharmaceuticals Ltd...has allotted 1,500, 9 per cent rated unsecured listed redeemable non-convertible debentures (NCDs)... aggregating to Rs 150 crore under tranche I," Alembic Pharmaceuticals said in a regulatory filing.

The company said it has also allotted 2,000, 9 percent rated unsecured listed redeemable NCDs...aggregating to Rs 200 crore.

Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year.

First Published on Dec 14, 2018 01:30 pm
Sections
Follow us on