Pharmaceutical firm Wockhardt Ltd on Wednesday said it will raise up to Rs 150 crore through issue of non-convertible debentures on private placement basis. The Credit Facilities Committee of the Board of Directors at its meeting held on Wednesday approved the raising of funds up to Rs 150 crore through issuance of rated, unlisted, secured non-convertible debentures (NCDs) on private placement basis in one or more tranches/series to eligible investors, Wockhardt Ltd said in a regulatory filing. A total of 15,000 NCDs of Rs 1,00,000 each amounting up to Rs 150 crore are planned to be issued with a tenure of 24 to 36 months from the date of allotment, it added. The company further said the red
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