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India Business News: NEW DELHI: Piramal Pharma, the demerged pharma subsidiary of the Ajay Piramal-promoted Piramal Enterprises, expects to grow in high mid-teens during t. ....
OTC medicines generally do not require a doctor s prescription and include products such as immunity-boosting vitamins, skin ointments, lozenges, and pain relief gels. This segment has been growing at a robust rate of 10-15%, making it one of the fastest-growing segments in the pharmaceutical market. Dolo, known for its pain and fever relief properties, achieved significant recognition during the pandemic, resulting in a 30% increase in sales to approximately Rs 350 crore last year. ....
The secured NCDs have a face value of ₹1,000 and investors can apply for a minimum of 10 NCDs. The issue has a base size of ₹200 crore, with a green shoe option up to ₹800 crore, aggregating up to ₹1,000 crore and are rated AA by ICRA and Care. ....
The NBFC is offering NCDs with four tenure options of two years, three years, five years and 10 years with yields ranging from 9-9.34 percent per annum. ....