Cipla - Outcome CoD Meeting

Cipla Ltd has informed BSE that the duly authorized Committee of Directors (CoD) of the Company at its meeting held on September 24, 2009, has decided to close the bid period and has approved issuance of 2,56,30,000 Equity Shares of Rs. 2 each of the Company at a price of Rs. 263.75 per Equity Share (including a premium of Rs. 261.75 per equity share) under the QIP issue, aggregating to Rs. 6,75,99,12,500/-. The Committee has also approved the Placement Document in respect of the Equity Shares proposed to be issued as aforesaid.