"The company's wholly-owned subsidiary Cipla Medpro South Africa Pte has completed acquisition of Anmarate (Pty)," Cipla said in a BSE filing.
The company, on March 31, announced the acquisition saying it would strenghen its market position.
It said that the cost of acquisition is ZAR 26,253,659 is subject to post closing of net working capital, not exceeding ZAR 30 million.
The company acquired 4,000 shares of ZAR 1 each, representing 100 per cent of the Anmarate's share capital.
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