Torrent Pharmaceuticals Limited — Others, 27-06-2025: Security Cover Certificate

Torrent Pharmaceuticals has maintained a strong security cover of 2.07 times (based on market value) over its outstanding non-convertible debentures (NCDs), as certified by an independent auditor. The cover includes assets like property, plant & equipment, trademarks, and other investments, ensuring adequate backing for the listed debt securities. The book value cover stands at 0.48 times. This robust security cover reassures investors about the company's ability to meet its debt obligations and reflects prudent asset management supporting its borrowing structure.