ADVERTISEMENT
ADVERTISEMENT

Natco Pharma raises 915 cr via qualified institutional placement

Natco Pharma raises 915 cr via qualified institutional placement
Highlights

Natco Pharma has raised Rs 915 crore through qualified institutional placement (QIP). Natco’s committee of directors in a meeting held on Thursday, decided to allocate one crore shares at issue price of Rs915 apiece.

Hyderabad: Natco Pharma has raised Rs 915 crore through qualified institutional placement (QIP). Natco’s committee of directors in a meeting held on Thursday, decided to allocate one crore shares at issue price of Rs915 apiece.

In a communique to BSE, Natco Pharma said that the shares were allotted to eligible qualified institutional buyers pursuant to the QIP amounting to an issue size of Rs915 crore. Specific details about utilisation of the proceeds were not disclosed.

Show Full Article
Download The Hans India Android App or iOS App for the Latest update on your phone.
Subscribed Failed...
Subscribed Successfully...
More Stories


Top