Torrent Pharmaceuticals has redeemed ₹100 crores of its Secured Redeemable Non-Convertible Debentures (NCDs). These NCDs were part of a larger issuance totaling ₹500 crores. The redemption was completed on November 7, 2025. This move reduces the company’s outstanding debt and reflects its strong financial management.
Partial Debenture Redemption
Torrent Pharmaceuticals announced the successful partial redemption of its Non-Convertible Debentures (NCDs) on November 7, 2025. The company redeemed a portion of its Secured Redeemable Non-Convertible Debentures.
Financial Details
The total value of NCDs redeemed amounted to ₹100 crores (Rupees One Hundred Crores). These debentures were part of a larger issuance, with the total NCDs issued amounting to ₹500 crores (Rupees Five Hundred Crores). The ISIN for these debentures is INE685A07124. This partial redemption indicates active capital management by Torrent Pharmaceuticals.
Source: BSE
