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Prospect News home > News index > List of issuers C > Headlines for Cipla, Ltd. > News item
Published on 7/29/2009 in the Prospect News Convertibles Daily.

Cipla hopes to take in up to Rs. 15 billion from convertibles sale

By Devika Patel

Knoxville, Tenn., July 29 - Cipla Ltd. informed the Bombay Stock Exchange that its board approved a proposal to raise up to Rs. 15 billion in foreign-currency convertible bonds at a meeting on Wednesday.

Securities also may include Global Depository Receipts, American Depository Receipts and non-convertible debentures.

Cipla is a pharmaceutical company in Mumbai, India.


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