Jubilant Life Sciences to raise up to INR 4,950 million through issuance of 4,950 non-convertible debentures of INR 1,000,000 each at par, on private placement basis. The tenure of the instrument is INR 1,000 million for 2 years; INR 1,000 million for 3 years; INR 1,500 million for 4 years; INR 1,450 million for 5 years and date of maturity on each instrument is January 25, 2019, January 27, 2020, January 27, 2021, and January 27, 2022 respectively. Coupon offered of overall yield at 8.65% per annum.