Comments
Cipla has signed an agreement on Thursday to acquire 26 per cent stake on a fully diluted basis in AMP Solar Power Systems Private Limited, which is formed for the purpose of setting up a captive solar power project in Maharashtra. The company will invest ₹12.90 crore for the acquisition, which will be through share purchase, subscription of equity shares and compulsorily convertible debentures. Shareholders of Cipla will closely monitor further developments.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.