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Cipla Ltd. Capital/Financing Update 2021

Sep 18, 2021

59275_rns_2021-09-18_59ef2365-40d7-4751-b4e3-fc1c89de7f04.pdf

Capital/Financing Update

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18[th] September, 2021

(1) BSE Ltd (2) National Stock Exchange of India Ltd 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

Dear Sir/ Madam,

Sub: Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations, 2015), we hereby notify that Cipla Limited has subscribed to 5% equity shares (on a fully diluted basis) of Swasth Digital Health Foundation, a not-for-profit organisation, with an aim to leverage digital technologies and build healthcare tech infrastructure.

The requisite details under SEBI Listing Regulations, 2015 read with Circular No. CIR/CFD/CMD/4/2015 dated 9[th] September, 2015 are enclosed as Annexure – I to this letter.

Kindly acknowledge receipt

Thanking you, Yours faithfully, For Cipla Limited

RAJENDR Digitally signed by RAJENDRA A KUMAR KUMAR CHOPRA Date: 2021.09.18 CHOPRA 20:37:25 +05'30'

Rajendra Chopra Company Secretary

Encl: Details as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

ANNEXURE – I

Details as per the SEBI circular no. CIR/CFD/CMD/4/2015 dated 9[th] September, 2015

Sr.
No.
Particulars Details
a. Name of the target entity, details in brief
such as size, turnover etc.
Name of the target entity:
Swasth Digital Health Foundation (“Swasth”)
Details of Target Entity:
Swasth is a not-for-profit company incorporated
under Section 8 of the Companies Act, 2013. It is
an alliance of over 150 organisations engaged in
leveraging digital technologies to improve
healthcare outcomes and increase healthcare
inclusion in India.
The entity was incorporated on 3rdSeptember,
2020 and does not have any turnover.
b. Whether the acquisition would fall within
related party transaction(s) and whether
the promoter/promoter group/ group
companies have any interest in the entity
being acquired? If yes, nature of interest
and details thereof and whether the same is
one at "arms-length"
This transaction does not fall within the purview
of related party transactions.
None of the promoters / promoter group / group
companies have any interest in Swasth.
c. Industry to which the entity being acquired
belongs
Healthcare Industry: Engaged in promoting and
supporting telemedicine and healthcare.
d. Objects and effects of acquisition (including
but not limited to, disclosure of reasons for
acquisition of target entity, if its business is
outside the main line of business of the
listed entity)
The investment is being made with an aim to
leverage
digital
technologies
and
build
healthcare tech infrastructure.
e. Brief details of any governmental or
regulatory approvals required for the
acquisition
Not Applicable.
f. Indicative time period for completion of the
acquisition
The subscription to 5% equity stake in Swasth
was completed on 18thSeptember, 2021
g. Nature of consideration - whether cash
consideration or share swap and details of
the same
Cash Consideration.
h. Cost of acquisition or the price at which the
shares are acquired
Rs. 5,00,000/- towards subscription of 5000
equity shares, at a face value of Rs. 100/- each.
i. Percentage of shareholding / control
acquired and / or number of shares
acquired
5% stake on a fully diluted basis (i.e. 5000 equity
shares of Rs. 100/- each).
j. Brief background about the entity acquired
in terms of products / line of business
acquired, date of incorporation, history of
last 3 years turnover, country in which the
acquired entity has presence and any other
significant information (in brief)
Swasth
is
engaged
in
leveraging
digital
technologies to improve healthcare outcomes
including Health Claims Exchange, initiatives on
Unified Health Interface (UHI) and Primary Care.
It focuses proactively on serving the bottom of
the pyramid. Born out of the first Covid wave in
2020, Swasth responded to the second Covid
wave through multiple initiatives including
deploying oxygenation equipment in 500+
districts, information resources and protocols
under the Community Science Alliance.
Date of Incorporation: 3rdSeptember, 2020
History of last 3 years turnover: Not applicable
Country:India

RAJENDR Digitally signed by RAJENDRA A KUMAR KUMAR CHOPRA Date: 2021.09.18 CHOPRA 20:37:56 +05'30'