Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to our intimation dated 14th March 2023, this is to inform you that the proposed sale of stake held in Cipla Quality Chemical Industries Limited(CQCIL), step-down subsidiary of the Company in Uganda, is expected to be completed on or before 31st July 2023. This timeline is subject to receipt of regulatory approvals and satisfaction of conditions as agreed in the Share Purchase Agreement ('SPA') signed between the parties and may be further extended as mutually agreed between the parties.