Torrent Pharmaceuticals Ltd board to announce Q3 results on Jan 30, 2019
A meeting of the Board of Directors of Torrent Pharmaceuticals Ltd is scheduled on 30/01/2019, to consider and approve the Audited Financial Results on Standalone basis and Unaudited Financial Results (with limited review) on Consolidated basis for the quarter and nine months ended on 31-Dec-18.
The Board would also consider the Payment of Interim Dividend for the year 2018-19 and Issue of Unsecured/Secured Redeemable Non-Convertible Debentures/Bonds by way of private placement.
The board will also consider taking enabling resolutions for raising of funds by issue of Equity Shares including Convertible Bonds/ Debentures through Qualified Institutional Placement and/ or Depository Receipts or any other modes.
The Company has fixed 07-Feb-19, as the Record Date for the purpose of payment of said interim dividend, if declared by the Board at their aforesaid meeting.
The trading window shall been closed from 16-Jan-19 to 01-Feb-19.
Shares of TORRENT PHARMACEUTICALS LTD. was last trading in BSE at Rs.1889 as compared to the previous close of Rs. 1853.45. The total number of shares traded during the day was 13896 in over 856 trades.
The stock hit an intraday high of Rs. 1889.95 and intraday low of 1860. The net turnover during the day was Rs. 26070696.