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Cipla promoters to sell up to 2.53% for Rs 2,637 crore

Cipla promoters to sell up to 2.53% for Rs 2,637 crore

The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions within the family, according to people with knowledge of the matter.

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