Cipla Ltd.

BSE: 500087 | NSE: CIPLA
Large Cap | Pharmaceuticals & Drugs
1441.70
10.05 (0.70%)
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Cipla informs about Outcome of Board Meeting

Date: 21-07-2015

Cipla has informed that the Board of Directors of the Company at its meeting held on July 20, 2015, approved a potential investment by FIL Capital Investments (Mauritius) II Limited, or any of its affiliate in a wholly owned subsidiary of Cipla Limited (proposed to be incorporated) to whom Cipla will be divesting its consumer healthcare business on a going-concern basis. The approval is subject to execution of binding agreements, and the transaction will be subject to relevant regulatory approvals. None of the persons belonging to Promoter / Promoter Group(s) of the Company has any interest in the transaction.

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