Torrent Pharma's board to meet soon to consider final dividend, other corporate action

Torrent Pharma dividend 2023, Torrent Pharma board meeting: Drugmaker Torrent Pharmaceuticals's board is set to meet soon to consider the final dividend and fundraising plan.
The Ahmedabad-headquartered company's communique read, "Recommendation of final dividend, if any, on the equity shares of the Company, for the year 2022-23. Taking enabling resolutions for raising of funds by issue of Equity Shares including Convertible Bonds / Debentures through Qualified Institutional Placement (QIP) and/or Depository Receipts or any other modes."

Torrent Pharma board meeting

The board meeting of the drugmaker is scheduled for May 30, Tuesday. "A meeting of the Board of Directors will be held on Tuesday, 30-May-23, inter alia, to consider and approve the Audited Financial Results of the Company for the year ended on 31-Mar-23," the company's regulatory filing said.

Torrent Pharma's corporate action history

Source: BSE

Torrent Pharma share price NSE, Torrent Pharma history

Torrent Pharmaceuticals Ltd, NSE: TORNTPHARM shares finished flat, down 0.003 per cent or Rs 0.05 at Rs 1,690 apiece on NSE. The stock has gained over 16.5 per cent in the last year (May 25, 2022). In comparison, the headline index Nifty 50 has rallied over 13 per cent.