Torrent Pharmaceuticals redeems ₹200 crore commercial papers early

Torrent Pharmaceuticals Limited has informed stock exchanges about the redemption of its commercial papers (CPs) worth ₹200 crore.

The CPs, issued under ISIN: INE685A14179, were fully redeemed and repaid by the company on their maturity date of December 23, 2025.

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The redemption demonstrates the company's financial management in meeting its obligations.

The communication was addressed to both the BSE Limited and the National Stock Exchange of India Ltd., and was signed by chintan m. trivedi, company secretary of Torrent Pharmaceuticals Limited.