StockWatch
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Pharmaceuticals
Loan & Debt10 Sept 2026, 07:40 pm

Gujarat Themis Biosyn Approves INR 585 Cr NCD Issuance

AI Summary

Gujarat Themis Biosyn Ltd announced that its Board of Directors, in a meeting held on September 10, 2026, approved the issuance of Non-Convertible Debentures (NCDs) aggregating up to INR 585 Crores. The issuance will be conducted on a private placement basis. Further details regarding the allotment, tenure, coupon, and security will be disclosed in due course. The board meeting commenced at 5:45 PM and concluded at 7:10 PM.

Key Highlights

  • Board approved NCD issuance of up to INR 585 Crores.
  • Issuance will be on a private placement basis.
  • Further details on NCD terms to be disclosed later.
  • Board meeting concluded on September 10, 2026.