India’s Zydus Wellness allots Rs. 15 billion redeemable debentures

By Sarah Lizee

Olympia, Wash., Jan. 16 – Zydus Wellness Ltd. informed the Bombay Stock Exchange that it allotted Rs. 15 billion of secured redeemable nonconvertible debentures in a private placement on Wednesday.

The rated and listed debentures, with a face value of Rs. 1 million each, were issued in three tranches, according to the notice.

The Ahmedabad, India-based company sells health and wellness products.

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