Cipla promoters sell 2.5% stake, promoter group now holds 34.23% stake: Cipla stock down 3.5%
Today the share price of India’s leading pharma company Cipla Limited fell almost 3.5%. Cipla promoters Yusuf Hamied and Mustafa Hamied sold their 2.5% stake through a block deal. Cipla told the exchanges that the promoters of the company, which is still in its eighties, are selling their stake due to personal and philanthropy reasons. … Read more