What to watch. Torrent Pharma, Deepak Nitrite: Eyes on QIPs

The board of Torrent Pharma will meet on Thursday to consider fund-raising plans, including equity issue (convertible bonds/debentures) through qualified institutional placement and/or depository receipts and NCDs on private placement. The board of Deepak Nitrite is meeting to determine the price of the equity shares of the company to be issued through QIP, which was opened on January 22. Investors will closely monitor the development.