| Purpose | AGM Date | Announcement Date |
|---|---|---|
| AGM | 20 Aug 2024 | 10 May 2024 |
| Outcome of board meeting held on 10th May 2024 Please find enclosed Newspaper advertisement titled Notice of 88th AGM to be held through Video Conference / Other Audio-Visual Means, Record date and Final Dividend published in the Business Standard and Sakal on 18th July 2024. (As Per BSE Announcement dated on 18.07.2024) Notice of the 88th Annual General Meeting along with a copy of the Integrated Annual Report for FY 2023-24 (As Per BSE Announcement Dated on: 26/07/2024) Proceedings of the 88th Annual General Meeting. (As Per BSE Announcement Dated on: 20/08/2024) Please find enclosed the transcript of the 88th Annual General Meeting of the Company held on Tuesday, 20th August, 2024 through video conferencing/ other audio-visual means. (As Per BSE Announcement Dated on 30.08.2024) | ||
According to Cipla, the regulatory clearance serves as an important landmark in the Company's journey, allowing it to expand the depth of its oncology portfolio and its foothold in the US market
The VAI status indicates that there are no such complying issues with the facility; hence, the USFDA will not take any regulatory or administrative action against the facility.
For the first nine months of FY25, Cipla's EBITDA margin stood at 26.9%, already above its full-year guidance of 24.5% to 25.5%.
Cipla reported a net profit of ₹1,303 crore, marking a 15% increase compared to the same period last year.
The VAI designation now clears the way for significant specialised launches, such as the Abraxane generic.
The company is now able to pursue important speciality medicine launches because to its VAI classification.
Here are some of the stocks that may see significant price movement today: Larsen & Toubro, Tata Power, Biocon, etc.
Cipla's total research and development expenditure for the quarter reached ₹385 Crore, representing 5.5% of total sales and reflecting a 2% increase year-on-year.
This comes after competing private equity firms TPG Capital, Apax Partners, and KKR withdrew their original interest.
Here are some of the stocks that may see significant price movement today: Vedanta, Uno Minda, Reliance Power, etc.
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