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Cipla To Invest Rs 415 Crore In Its Arm To Improve Capital Structure

Cipla Ltd. will infuse ZAR 900 million, or around Rs 415 crore, in its wholly owned subsidiary Cipla Medpro South Africa Proprietary Ltd.

The funds invested will be utilised to lower the inter-group debt along with improving the capital structure of Cipla Medpro and its subsidiaries, according…

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