Cipla Ltd.

BSE: 500087 | NSE: CIPLA
Large Cap | Pharmaceuticals & Drugs
1440.30
2.95 (0.21%)
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Cipla transfers Generics Business Undertaking to Cipla Pharma and Life Sciences

Date: 02-03-2024

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.