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Cipla Ltd (CIPL.BO)

CIPL.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ascendis says to acquire Cipla Agrimed & Cipla Vet for 375 mln rand
Monday, 6 Mar 2017 12:05am EST 

Ascendis Health Limited : Acquisition Of 100 pct Of Cipla Agrimed Proprietary Limited And Cipla Vet Proprietary Limited . Deal for consideration of r375 million . Purchase consideration of between r250 million and r500 million will be settled out of existing cash and facilities . A deferred payment of r50 million which will be settled in cash on 2 July 2018. . Effective date for proposed transaction is expected to be 1 April 2017 .Combined profit after tax of acquisitions was r31 million for period ended 31 March 2016.  Full Article

Cipla Ltd Dec-qtr consol profit up about 44 pct
Wednesday, 8 Feb 2017 06:33am EST 

Cipla Ltd : Consol Dec quarter net profit 3.75 billion rupees . Consol Dec quarter net sales 35.50 billion rupees . Consol net profit in Dec quarter last year was 2.61 billion rupees as per Ind-AS; consol net sales was 30.70 billion rupees .Consensus forecast for Dec quarter consol net profit was 3.70 billion rupees.  Full Article

Cipla says unit entered definitive agreement to sell stake in Four M Propack
Wednesday, 18 Jan 2017 07:05am EST 

Cipla Ltd : Says unit entered in to a definitive agreement to sell its 100% equity stake in Four M Propack, India .Cipla ltd says deal for a consideration of INR 135 million.  Full Article

Cipla's flagship product Sereflo gets final nod from UK MHRA
Friday, 23 Dec 2016 04:28am EST 

Cipla Ltd : Cipla’s flagship product Sereflo receives final approval from UK MHRA . Cipla’s sereflo will be launched in the UK through a partner in the coming weeks .Product used for treatment of asthma.  Full Article

Cipla gets EIR from USFDA for its Indore facility
Wednesday, 12 Oct 2016 07:47am EDT 

Cipla Ltd :Cipla receives EIR from the US FDA for its Indore facility.  Full Article

Cipla Ltd exec says co expects about 200 mln rupees of impact from FDC ban, NLEM in Q2
Friday, 12 Aug 2016 08:51am EDT 

Cipla Ltd : Cipla's Samina Vaziralli says "the family is completely committed", "absolutely no prospect" of selling the company . Exec says expects about 200 million rupees of impact from FDC ban and NLEM in Q2 . Further company coverage [CIPL.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Cipla Ltd appoints Umang Vohra as MD, global CEO
Friday, 12 Aug 2016 06:11am EDT 

Cipla Ltd : Accepted resignation of Subhanu Saxena as MD and global CEO wef August 31 . Appointed Umang Vohra as MD and global CEO .  Full Article

Cipla Ltd June-qtr consol profit down about 44 pct
Friday, 12 Aug 2016 06:08am EDT 

Cipla Ltd : June-quarter consol net profit 3.65 billion rupees . June-quarter consol net sales 35 billion rupees . Consensus forecast for June-quarter net profit was 3.76 billion rupees . Consol net profit in June-quarter last year was 6.49 billion rupees as per Ind-AS; consol net sales was 37.61 billion rupees .  Full Article

Cipla appoints Kedar Upadhye as CFO
Monday, 1 Aug 2016 12:46am EDT 

Cipla Ltd : Kedar Upadhye has joined the company as Global Chief Financial Officer with effect from August 01, 2016 . Umang Vohra relinquishes office as Global Chief Financial Officer of the company with effect from August 01, 2016 .  Full Article

Cipla Ltd says co to deposit 1.75 bln rupees with 6 weeks as per court order in drug overcharging case
Friday, 22 Jul 2016 10:13am EDT 

Cipla Ltd : Supreme court has directed government to recover 50% of over charged amounts, in pending cases on alleged overcharging in respect of certain drugs . Co is required to deposit 1.75 billion rupees with 6 weeks .  Full Article

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BRIEF-Cipla launches Hepatitis B vaccine in India

* Says Cipla launches Hepatitis B vaccine in India Source text - (http://bit.ly/2lUwkV6) Further company coverage: