Cipla Quality Chemical Industries changes name

Kampala, Uganda | THE INDEPENDENT | On Feb.22, in a notice, Emmanuel Katongole, the Chairman and Co-Founder Quality Chemical Industries Limited announced the changes saying the announcement is made pursuant to Rule 36(2) of the Uganda Securities Exchange Listing Rules 2021.

“Quality Chemical Industries Limited wishes to notify its shareholders and the public of its change of name from Cipla Quality Chemical Industries Limited to Quality Chemical Industries Limited (Qcil), effective 15th February 2024,” he said.

This follows a decision by Cipla India to sell its stake in the Cipla Quality Chemicals Ltd to a Mauritius-based firm Africa Capitalworks