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    🇺🇬 Uganda Securities Exchange

    1,299.56         -9.95 (-0.76%)
    USE ALL SHARE INDEX | As of 26-Mar-2025
    1M3MYTD1Y2Y
    -0.96%+11.40%+8.77%+27.12%+17.50%
    Market Summary

    Value Traded (UGX)
    156,927,959
    Volume
    2,434,738
    Transactions
    -
    Market Cap. (Bln UGX)
    28,334.32
    26-Mar-2025

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    Cipla Quality Chemicals has started the process to launch an initial public offering (IPO) that will see the drug make float more than 657 million shares.The process, which started on July 26 is expected to end on August 9, after which the company will announce the price of its IPO shares and the money it intends to mobilise.

    The drugmaker Cipla Quality Chemical Industries Limited, controlled by the Indian pharmaceutical giant Cipla Limited, will become the ninth domestic company to list on the Uganda Securities Exchange next month, according to a preliminary prospectus of the company.

    Kampala-based drug maker CIPLA-Quality Chemicals Industries (CIPLA-QCI) plans to list on the Uganda Securities Exchange in the next four months, ending a six-year initial public offering drought at the Kampala bourse.

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