Promoter entities likely to sell 2.5% stake in Cipla worth Rs 2,637 crore: ReportPromoters of drugmaker Cipla are expected to offload 2.53% of their stake in a block deal worth Rs 2637 crore on Wednesday, according to so...
14 May, 2024, 09.51 PM IST
Promoter group entities likely to sell 2.5% stake in Cipla worth Rs 2,637 crore via block deals: ReportThe price range of the block is fixed at Rs 1,289-1,357, taking the total deal value to around Rs 2,637 crore.
14 May, 2024, 07.50 PM IST
Samina Hamied of Cipla steps down from her executive roleSamina Hamied, executive vice-chairperson of Cipla, announced her decision to step down from her executive role due to personal and family ...
26 Jan, 2024, 10.11 AM IST
Torrent talks for $7 billion Cipla buyout trip on valuationTorrent Pharma's attempt to acquire the stake of the Hamied family in Cipla has hit a roadblock due to differences in valuation. Talks betw...
24 Oct, 2023, 02.45 PM IST
Cipla stake sale plan faces hurdle as promoters differ on valuation: ReportCipla's potential stake sale faces a challenge due to disagreements among its promoters regarding the company's valuation. This dispute amo...
09 Oct, 2023, 01.19 PM IST
Cipla founding family’s stake sale in jeopardy over $13 billion valuation targetProspective buyers of a stake in Indian pharmaceutical company Cipla Ltd. are hesitant due to the high valuation demanded by the founding f...
14 Sep, 2023, 12.43 PM IST
Why Torrent Pharma is ready to go ahead with the daunting Cipla dealAhmedabad-based Torrent Pharma is seeking financing for a deal with Indian pharmaceutical company Cipla. Torrent Pharma is interested in bu...
11 Sep, 2023, 03.29 PM IST
Torrent Pharma says it has no disclosure to make now on potential Cipla stake buy deal reportsTorrent Pharma has stated that it does not have any information to disclose under listing regulations, in response to reports about the com...
01 Sep, 2023, 11.48 AM IST
Torrent in top gear to close out Cipla buyout, in talks with PEs, banks for fundsRival contenders Blackstone, Baring Asia hit pause mode as Cipla valuations soar. Torrent taps PE funds like Warburg Pincus, CVC among othe...
01 Sep, 2023, 06.37 AM IST
Cipla shares rally over 6% to record high. Here's whyBlackstone may submit a non-binding bid next week for the Hamied family's stake in the company. This will formally start a process which co...
04 Aug, 2023, 01.13 PM IST
Cipla patriarch Y K Hamied increases stake in company to over 20%The transfer of shares is being done by way of gift, the filing said, adding that the purpose was "Re-alignment of family shareholding".
02 Feb, 2016, 02.21 PM IST
YK Hamied to increase stake in Cipla to over 20 per centCipla patriarch YK Hamied plans to increase his holding to over 20 per cent by acquiring over 5 per cent additional stake in the homegrown ...
21 Jan, 2016, 08.19 PM IST
Cipla promoters to decide on family pact in 'due course'All promoters put together hold 36.8 per cent stake in Cipla, while Yusuf Hamied individually owns 15.55 per cent. His sister Sophie holds ...
10 May, 2015, 12.50 PM IST
Cipla promoter family gets Sebi go-ahead for voting agreementCipla's promoter family has proposed to vote together as a single unit under overall direction of patriarch Yusuf Hamied in his lifetime, a...
05 May, 2015, 09.57 PM IST
Hamsons buys 21% stake in Okasa PharmceuticalsWhile Cipla paid Rs 29 crore for Okasa’s facility in Goa, it bought another plant, owned by Okasa Pharma, located in Satara for Rs 71.93 cr...
15 Jan, 2015, 01.27 AM IST
Hamied family company buys out minority shareholders in OkasaThe acquisition is part of a two-way transaction under which the Yusuf Khwaja Hamied-run Cipla's wholly-owned arm Medispray Laboratories co...
14 Jan, 2015, 10.46 PM IST
- Cipla promoters not selling out,Co plans to scale up revenues
Pharma major Cipla on Thursday said it is expecting to scale up its revenue by over six times to Rs 15,000-20,000 crore.
25 Aug, 2011, 09.25 PM IST