The Hindu Business Line

Cipla: eyes on fund-raising plans

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Shares of Cipla will remain in focus, as its board on Monday considers a proposal for raising funds. The funds would be raised through any of the following means: issue of equity shares, ADR, GDR, FCCBs, NCDs, bonds or any other securities. Fund-raising could be done through public issue or a private placement (including through a qualified institutio­nal placement). Analysts will keep a close watch on the amount and the mode of fund-raising.

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