MoneyWorks4Me

Cipla informs about clarification

15 May 2024 Evaluate

Cipla has submitted the following clarification with respect to sale of 2,04,50,375 shares by certain members of the Promoter Group today 15th May, 2024. ‘Ms. Shirin Hamied, Ms. Rumana Hamied, Ms. Samina Hamied and Okasa Pharma Private Limited (all categorised as Promoter Group) have sold 2.53% shares of Cipla Limited for the purpose of creating liquidity for specific needs including philanthropy. Post transaction, the entire promoter group (including Person Acting in Concert) continues to hold 31.67% in the Company and remains committed to the future of Cipla Limited.’

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Sun Pharma. Inds. 1840.00
Dr. Reddys Labs. 1222.50
Cipla 1388.90
Lupin 2061.85
Zydus Lifesciences 1212.00
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