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Cipla transfers Generics Business Undertaking to Cipla Pharma and Life Sciences

02 Mar 2024 Evaluate

Cipla has completed the transfer of Generics Business Undertaking as a going concern on a slump sale basis to Cipla Pharma and Life Sciences, a wholly owned subsidiary of the Company on March 01, 2024.

In November 2023, the company had received approval from board of directors to transfer Generics Business Undertaking. 

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

Peers
Company Name CMP
Sun Pharma. Inds. 1760.00
Dr. Reddys Labs. 1231.85
Cipla 1325.00
Lupin 1955.80
Zydus Lifesciences 1124.30
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