Natco Pharma board approves rights issue to raise up to ₹1,279 crore

Drug maker Natco Pharma on Friday said its board of directors has approved the issuance of equity shares through a rights issue to raise up to ₹1,279.35 crore.According to a regulatory filing, the company will issue up to 1,70,58,082 equity shares of face value of ₹2 each at an issue price of ₹750…