Cipla promoters to sell 1.72% stake in likely block deal worth Rs 2,000 crore: Report

Cipla promoters are likely to sell up to 1.72% stake in the company via block deals. The company may set the offer price at Rs 1,442 per share according to a report which has estimated the block size at Rs 2,000 crore.

Approximately 1.39 crore shares could be on the block, according to the report…