Wockhardt Limited approves raising funds upto Rs. 150 crore

The Credit Facilities Committee of the Board of Directors of Wockhardt Limited, at its meeting held today i.e. 21st April, 2021, has approved the raising of funds upto Rs. 150 crore (Rupees One Hundred and Fifty Crore only) through issuance of Rated, Unlisted, Secured Non-Convertible Debentures on private placement basis, in one or more tranches/series to such eligible investors as maybe deemed appropriate.

Shares of WOCKHARDT LTD. was last trading in BSE at Rs.506.3 as compared to the previous close of Rs. 457.3. The total number of shares traded during the day was 662114 in over 15420 trades.

The stock hit an intraday high of Rs. 529.85 and intraday low of 460. The net turnover during the day was Rs. 335675220.

Source : Equity Bulls

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