Cipla Ltd. — Capital/Financing Update 2025

May 19, 2025

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19[th] May, 2025

(1) BSE Limited (2) National Stock Exchange of India Limited Listing Department, Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] floor, Dalal Street, Plot no. C/1, G Block, Mumbai 400 001 Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 500087 Scrip Code: CIPLA EQ

• (3) SOCIETE DE LA BOURSE DE LUXEMBOURG

Societe Anonyme 35A Boulevard Joseph II, L-1840 Luxembourg

Sub: Acquisition of shares in AMPIN Energy C&I Eighteen Private Limited

Dear Sir/Madam,

Pursuant to the provisions of the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby notify that Jay Precision Pharmaceuticals Private Limited, subsidiary of the Company has entered into Share Purchase, Subscription and Shareholder’s Agreement (“SPSSA”) today to acquire 26% stake on a fully diluted basis in AMPIN Energy C&I Eighteen Private Limited, for setting up captive solar power project in Maharashtra. This in line with the commitment to enhance the share of renewable power source in its operation and to comply with regulatory requirement for being a ‘captive user’ under Indian electricity laws.

The details required to be disclosed under the Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024 on the captioned subject are enclosed to this letter.

Please take the above information on record.

Yours faithfully,

For Cipla Limited

RAJENDRA Digitally signed by RAJENDRA KUMAR CHOPRA KUMAR CHOPRA Date: 2025.05.19 23:23:52 +05'30'

Rajendra Chopra Company Secretary

Prepared by: Akshaya Kolvankar

Cipla Ltd.

Regd. Office - Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400 013, India P +91 22 41916000 F +91 22 41916120 W www.cipla.com E-mail contactus@cipla.com Corporate Identity Numbe r L24239MH1935PLC002380

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Annexure - I

Sr. No.	Particulars	Details
a)	Name of the target entity, details inbrief such as size, turnover etc.;	Name of the target entity: AMPIN Energy C&I EighteenPrivate LimitedBrief Details: AMPIN Energy C&I Eighteen PrivateLimited, currently a wholly owned subsidiary of AMPINC&I Private Limited, is a special purpose vehicle formedfor purpose of setting up captive solar power project inMaharashtra.Turnover: Nil as on 31stMarch 2025. (unaudited)
b)	Whether the acquisition would fallwithin related party transaction(s)andwhetherthepromoter/promoter group/ group companieshave any interest in the entity beingacquired? If yes, nature of interestand details thereof and whether thesame is done at “arm’s length”;	Acquisition doesn’t fall within the purview of relatedparty transactions.None of the promoter / promoter group / groupcompanies have any interest in the entity.
c)	Industry to which the entity beingacquired belongs;	Generation and transmission of solar energy and othersources of renewable energy.
d)	Objects and effects of acquisition(includingbutnotlimitedto,disclosure of reasons for acquisitionof target entity, if its business isoutside the main line of business ofthe listed entity);	In line with Cipla’s commitment to enhance the shareof renewable power source in its operation and tocomply with regulatory requirement for being a captiveuser under Indian electricity laws,Jay PrecisionPharmaceuticals Private Limited(a subsidiary of theCompany) will acquire 26% stake on fully diluted basisinAMPIN Energy C&I Eighteen Private Limited.
e)	Brief details of any governmental orregulatory approvals required for theacquisition;	Not Applicable
f)	Indicative time-period for completionof the acquisition;	Subscription to equity shares is expected to becompleted within 1 month from the date of the signingof the transaction documents, or by such other date asmaybe mutually agreed between the parties.
g)	Nature of consideration - whethercash consideration or share swap anddetails of the same;	Cash consideration

Cipla Ltd.

Regd. Office - Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400 013, India P +91 22 41916000 F +91 22 41916120 W www.cipla.com E-mail contactus@cipla.com Corporate Identity Numbe r L24239MH1935PLC002380

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h)	Cost of acquisition or the price atwhich the shares are acquired	Up to INR 1,46,40,000 towards the acquisition of 26%stake on a fully diluted basis.
i)	Percentage of shareholding / controlacquired and / or number of sharesacquired;	(i)Purchase of equity shares -2,600 equity sharesof face value INR 10 each at par.(ii)Subscription of equity shares -14,61,400 ofequity share of face value INR 10 each at par.Cipla’s stake inAMPIN Energy C&I Eighteen PrivateLimitedwould be 26% on a fully diluted basis.
j)	Brief background about the entityacquired in terms of products/line ofbusinessacquired,dateofincorporation, history of last 3 years’turnover, country in which theacquired entity has presence and anyother significant information (inbrief)	AMPIN Energy C&I Eighteen Private Limitedwasincorporated on 5thApril 2023 in India for engaging inbusiness of generating, producing, accumulating,storing,improving,buying,selling,reselling,transmitting, distributing, and supplying electricalpower generated using solar energy and other sourcesof renewable energy and developing infrastructureprojects based on solar energy.History of last 3 years turnover: NilCountry: India

Cipla Ltd.

Regd. Office - Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400 013, India P +91 22 41916000 F +91 22 41916120 W www.cipla.com E-mail contactus@cipla.com Corporate Identity Numbe r L24239MH1935PLC002380