Biocon Limited CC-May26.pdf · 2026-05-08
Can you hear me? Yes. This is Imtiaaz Shefuddin from Barclays. A couple of questions from me with regards to your U.S. dollar bonds. Would you be able to provide some colour on your hedging policy? I know you have currency benefits, but any specific hedging policy you have on the U.S. dollar bonds? That's my first question.
Good, sir. Secondly, also on your U.S. dollar bonds, I mean, your bonds become callable from October this year, although at a premium price. But how are you thinking on the bonds given that your U.S. dollar bonds are at 6.67% coupon and you have talked about a focus on reducing your average cost of debt?