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Cipla to acquire additional stake for Rs 25.90 crore in GoApptiv

28 Jun 2022 Evaluate

Cipla has agreed to acquire additional stake for Rs 25.90 crore in digital tech company GoApptiv and post completion of the deal, Cipla's total stake in GoApptiv will increase to 22.02% on a fully diluted basis. The investment will be made in equity shares and Compulsorily Convertible Preference Shares and is likely to be completed within 30 days or such other date mutually agreed between the parties and shall be subject to fulfillment of necessary closing conditions. The company's earlier investment in GoApptiv in June 2020 has yielded growth and expanded Cipla's channel reach across lower tier towns in India.

Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. 

Cipla Share Price

1238.30 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
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Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
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