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Torrent to proceed with bond sale plans
Mint Kolkata
|October 24, 2025
India's Torrent Pharmaceuticals will proceed with its plan to sell bonds worth as much as ₹14,000 crore ($1.6 billion) after the country's competition regulator approved its acquisition of JB Chemicals & Pharmaceuticals earlier this
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week, two bankers said on Thursday. The bond issue will be the largest rated issue of funds so far this financial year and extends a trend of acquisitions being funded via domestic bond issues. Earlier this month, the Reserve Bank of India said it will allow Indian banks
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