By: IPP Bureau
Last updated : December 22, 2023 8:26 am
Trinity has availed credit facility from Investec for Business for their working capital requirements of Rs. 31.5 crore
Trinity Pharma Proprietary Limited (Trinity), a step-down subsidiary of Strides Pharma Science Limited in South Africa, has availed credit facility from Investec for Business, a division of Investec Bank Limited, South Africa, for their working capital requirements of Rs. 31.5 crore.
In order to facilitate the said borrowing of Trinity, Strides group entities have provided support in the form of Corporate Guarantee/ Letter of Support, amongst others in favour of Investec.