Cipla not keen on major M&A's: Subhanu Saxena

Cipla chief Yusuf Hamied added that his company will not take any decision regarding M&As.

Cipla has reportedly said it is not "compelled" to go in for major M&As, preferring instead a semi-inorganic route

"Almost 70% of our growth comes through the organic route and that is the way to go for us," Cipla CEO Subhanu Saxena said on the sidelines of the company's 79th annual general meeting.

Cipla chief Yusuf Hamied added that his company will not take any decision regarding M&As.