Torrent Pharmaceuticals Limited

Torrent Pharmaceuticals Limited is an Indian company in the healthcare services industry with 4 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.45% to 7.8% a year. Maturity dates run from 19 Jan 2028 to 17 Jan 2031. NSDL records all 4 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA+ (Positive) (action dated 7 Oct 2026); ICRA AA+ (Stable) (action dated 30 Sep 2025). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Torrent Pharmaceuticals Ltd
CIN
L24230GJ1972PLC002126
LEI
335800NA6HK275RIJE13
Industry
Healthcare Services
Business
Pharmaceuticals
Ownership
Non PSU
ISIN issuer code
INE685A
Outstanding bonds (ISINs)
4
Stated coupons (fixed rate)
7.45% – 7.8%
Maturity dates
19 Jan 2028 – 17 Jan 2031
Secured (NSDL)
4 of 4
Combined issue size of outstanding bonds
₹11,000 crore
Traded on
NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Torrent Pharmaceuticals bonds: ISIN, coupon and maturity

4 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE685A07132 NCD 7.45% Yearly 19 Jan 2026 19 Jan 2028 ₹1,00,000 2,000 Secured None recorded NSE India Ratings AA+ 7 Oct 2026
INE685A07157 NCD 7.6% Yearly 19 Jan 2026 19 Jan 2029 ₹1,00,000 2,500 Secured None recorded NSE India Ratings AA+ 7 Oct 2026
INE685A07165 NCD 7.7% Yearly 19 Jan 2026 18 Jan 2030 ₹1,00,000 3,000 Secured None recorded NSE India Ratings AA+ 7 Oct 2026
INE685A07173 NCD 7.8% Yearly 19 Jan 2026 17 Jan 2031 ₹1,00,000 3,500 Secured None recorded NSE India Ratings AA+ 7 Oct 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Torrent Pharmaceuticals credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AA+ Positive Reaffirm 7 Oct 2026 4 Verified by NSDL · Checked 7 Nov 2026
ICRA AA+ Stable New 30 Sep 2025 4 Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
7 Oct 2026 India Ratings AA+ Positive Reaffirm
2 Jan 2026 India Ratings AA+ Stable New
30 Sep 2025 ICRA AA+ Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: ICRA, India Ratings

Torrent Pharmaceuticals bonds: questions and answers

What bonds has Torrent Pharmaceuticals Limited issued?

Torrent Pharmaceuticals Limited has 4 outstanding bonds recorded on this page. By type, as described by NSDL: 4 NCDs.

What are the ISINs of Torrent Pharmaceuticals Limited bonds?

Its 4 outstanding bonds each have their own ISIN, for example INE685A07132, INE685A07157, INE685A07165. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE685A.

What coupon rates do Torrent Pharmaceuticals Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.45% to 7.8% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Torrent Pharmaceuticals Limited bonds mature?

Its outstanding bonds have maturity dates from 19 Jan 2028 to 17 Jan 2031. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Torrent Pharmaceuticals Limited bonds?

NSDL India Bond Info records India Ratings AA+ (Positive) (action dated 7 Oct 2026); ICRA AA+ (Stable) (action dated 30 Sep 2025) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Torrent Pharmaceuticals Limited bonds secured, unsecured or guaranteed?

NSDL records all 4 outstanding bonds whose terms it holds as secured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for Torrent Pharmaceuticals Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE.

How can investors check the current market price or yield of Torrent Pharmaceuticals Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 27 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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