Cipla Ltd has informed BSE that the duly authorised Committee of Directors (CoD) of the Company at its meeting held on September 29, 2009, has issued and allotted 2,56,30,000 fully paid-up equity shares of Rs 2 each ("Equity Shares") at an issue price of Rs 263.75 per Equity Share (including a premium of Rs 261.75 per Equity Share) aggregating to Rs 6,75,99,12,500 to qualified institutional bidders by way of a qualified institutions placement in terms of Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.
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