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Cipla arm completes acquisition of stake in Wellthy Therapeutics Pvt Ltd

Posted On: 2019-03-08 21:36:57

Cipla Ltd's wholly owned subsidiary Goldencross Pharma Private Limited has completed the closing of Wellthy Therapeutics Private Limited ("Wellthy"), transaction representing an acquisition of 11.71% stake in Wellthy on fully diluted basis on 8th March 2019.

Shares of CIPLA LTD. was last trading in BSE at Rs.539.5 as compared to the previous close of Rs. 540.85. The total number of shares traded during the day was 60869 in over 967 trades.

The stock hit an intraday high of Rs. 543.45 and intraday low of 537.1. The net turnover during the day was Rs. 32904595.


Source: Equity Bulls

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