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Torrent Pharma plans private placement of NCDs worth up to ₹12,500 crore
Torrent Pharma intends to raise up to ₹12,500 crore via private placement of NCDs to support debt and working capital requirements.
Torrent Pharmaceuticals announced plans to raise up to ₹12,500 crore through a private placement of non-convertible debentures (NCDs), aiming to support debt refinancing and working capital needs. The move comes amid a broader corporate debt trend as firms explore diversified funding sources. The company outlined the issue size and structure, with timing and investor interest being monitored ahead of allotment.