Zydus Lifesciences to raise Rs 5,000 cr via equity; Q2 profit up 38%
Zydus Lifesciences’ board on Thursday approved a proposal to raise up to Rs 5,000 crore through a share sale, which the pharmaceutical company said will help strengthen its balance sheet by reducing debt and fuel future growth. The fundraising may be executed in one or more tranches through a public or private sale of shares…