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Cipla has said that its arm Cipla Health has concluded the allocation of shares to FIL Capital Investments (Mauritius) II Ltd.
In November last year, an investment agreement had been inked by Cipla with FIL for its consumer healthcare business.
Cipla has said in a BSE filing that “Board of Directors of Cipla Health Ltd, a subsidiary of the company, at their meeting held on April 12, 2016 allotted shares to FIL Capital Investments (Mauritius) II Ltd and consequently, the transaction has now been completed.”
