Biotechnology firm Biocon on Friday said its board has approved to raise up to Rs 600 crore in one or more tranches on a private placement basis. The company's board has approved issuance of commercial papers up to an amount not exceeding Rs 600 crore in one or more tranches on private placement basis, the company said in a regulatory filing.
It, however, did not disclose reasons for raising the capital.
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU

Cipla, Biocon, Lupin, Other Pharma Stocks Under Pressure Post Trump's 100% Tariff


NDTV Profit Reborn: For Your Profit


ACME Solar Holdings Seeks Shareholders' Nod To Raise Up To Rs 3,000 Crore Via Securities


6 In 10 Train Passengers In Favour Of New Luggage Norms, Sceptical On Implementation: LocalCircles
