Jubilant Pharmova Ltd completes voluntary prepayment of USD 75 million term loan, equivalent to Rs. 626 Cr

Jubilant Pharmova Limited had earlier announced regarding voluntary prepayment of USD 75 million term loan, equivalent to Rs. 626 Cr.

As of 24th June, Jubilant Pharma Holdings Inc., USA ('JPHI'), a wholly owned subsidiary of Jubilant Pharma Limited ('JPL'), has completed this voluntary prepayment.

As on 31st March 2024, Jubilant Pharmova Limited reported Gross Debt at Rs. 3,414 Cr. and Net Debt at Rs. 2,457 Cr. on a consolidated basis.

Shares of Jubilant Pharmova Limited was last trading in BSE at Rs. 725.85 as compared to the previous close of Rs. 732.30. The total number of shares traded during the day was 9117 in over 1207 trades.

The stock hit an intraday high of Rs. 746.95 and intraday low of 724.25. The net turnover during the day was Rs. 6666654.00.

Source : Equity Bulls

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