BusinessNews

Mankind Pharma to Raise ₹9,000 Crore for Bharat Serums Acquisition, Eyeing Market Leadership in Gynaecology-Fertility

Mankind Pharma Ltd, the fourth-largest pharmaceutical company in India, is gearing up to raise over ₹9,000 crore through a combination of non-convertible debentures (NCDs) and short-term commercial paper. This move is part of the company’s strategy to support its ₹13,630 crore acquisition of Bharat Serums and Vaccines Ltd (BSV), a deal first announced in late July. The company anticipates an…
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