Cipla Ltd. has informed the Exchange that "The duly authorized Committee of Directors of the Company at its meeting held today i.e. on September 29, 2009 , at Hyderabad has issued and allotted 2,56,30,000 fully paid-up equity Shares of Rs. 2 each ("Equity Share") 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".