₹600 Crore Preferential Issue of Convertible Warrants to Promoter Group
Sun Pharma Advanced Research Company Ltd · SPARC · BSE ·
Issuing up to 3,85,10,000 convertible warrants at ₹155.80 each to Shanghvi Finance Private Limited (promoter group) Total amount: approximately ₹600 crore (₹5,99,98,58,000) Funds will be used for: working capital loan repayment (₹150 crore), R&D and clinical trials (₹300 crore),…