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Indegene to turn debt free post IPO; evaluating acquisition opportunities: CEO Manish Gupta : comparemela.com
Indegene to turn debt free post IPO; evaluating acquisition opportunities: CEO Manish Gupta
Chairman and CEO Manish Gupta of Indegene says that a portion of the IPO proceeds will be used to repay debt, which includes interest costs associated with a previous loan. This, according to him, will boost the company's profitability.
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