Jubilant Pharmova Ltd announces voluntary prepayment of USD 75 million term loan, equivalent to Rs. 626 Cr

Jubilant Pharma Holdings Inc., USA ('JPHI'), a wholly owned subsidiary of Jubilant Pharma Limited ('JPL') has issued a notice to its lenders to voluntary prepay USD 75 million term loan, equivalent to Rs. 626 Cr., by the next interest payment date i.e. 24th June 2024. JPL is a wholly owned subsidiary of Jubilant Pharmova Limited.

As on 31st March 2024, Jubilant Pharmova Limited reported Gross Debt at Rs. 3,414 Cr. and Net Debt at Rs. 2,457 Cr. on a consolidated basis.

Shares of Jubilant Pharmova Limited was last trading in BSE at Rs. 754.40 as compared to the previous close of Rs. 747.40. The total number of shares traded during the day was 17857 in over 1987 trades.

The stock hit an intraday high of Rs. 763.75 and intraday low of 741.65. The net turnover during the day was Rs. 13496728.00.

Source : Equity Bulls

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JubilantPharmova INE700A01033 JubilantPharma Subsidiary USA JubilantPharmaHoldingsInc VoluntaryPrepayment TermLoan