Cipla promoters to sell 1.72% stake in likely block deal worth Rs 2,000 crore: Report

November 29, 2024

Cipla promoters are likely to sell up to 1.72% stake via a block deal at Rs 1,442 per share, a 6% discount to the current price. This follows a similar sale of 2.53% stake in May 2024. The block deal aims to raise around Rs 2,000 crore.

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