Cipla’s two senior members of the promoter family have offloaded over 2 crore shares representing 2.5 per cent of total issued and paid-up share capital. Chairman Y K Hamied and Vice Chairman MK Hamied, who are non-executive directors and promoters, have sold 2,01,69,756 shares on February 15. Post this transaction, the promoter group will continue to hold 34.23 per cent in the company.
Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients.
