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Board of Alembic Pharmaceuticals approves private placement of NCDs up to Rs 500 crore

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At meeting held on 06 December 2018

The Board of Directors of Alembic Pharmaceuticals at its meeting held on 06 December 2018 has inter-alia (i) approved the Issue of Unsecured Listed Redeemable Non-Convertible Debentures (NCDs) of upto Rs. 500 crore on Private Placement Basis under a shelf disclosure document in multiple tranches and (ii) Constituted NCD Committee for issue and allotment of NCDs.

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First Published: Dec 06 2018 | 2:47 PM IST

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