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Torrent Pharma Charts Expansion Path With ₹125 Billion NCD Approval
Torrent Pharma has approved the issuance of NCDs worth ₹125 billion, aimed at expansion, debt refinancing, and working capital needs. The move strengthens its financial base without equity dilution, aligning with growth ambitions in India’s pharmaceutical sector. Analysts see this as a strategic step to boost long-term competitiveness.
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