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CIPLA LTD. - Signs Definitive Agreement
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04 Oct 2014
Cipla Ltd has informed BSE that the Company has signed a definitive agreement with its existing Iranian distributor for setting up a manufacturing facility in Iran. The total contribution from the Company over the next 3 years will include machinery, equipment, technical know-how and is expected to be approximately INR 225 crore for a 75% stake.&lt;br/&gt;&lt;br/&gt;The proposed investment is subject to completion of certain conditions precedent and applicable regulatory approvals.
View all announcements for CIPLA LTD. Source: BSE India