StockWatch
·
Pharmaceuticals
Merger10 Jul 2026, 08:31 pm

Orchid Pharma: Amalgamation with Dhanuka Labs Effective, MoA Capital Clause Amended

AI Summary

Orchid Pharma Ltd announced that the Scheme of Amalgamation of Dhanuka Laboratories Limited has become effective from July 10, 2026. Consequently, Dhanuka Laboratories Limited stands dissolved without winding up. The authorized share capital of Orchid Pharma has been increased to ₹164.51 crore. A record date of July 23, 2026, has been fixed for allotting shares to Dhanuka Labs' shareholders. The share exchange ratio is 161 Orchid Pharma shares for every 5 Dhanuka Labs shares.

Key Highlights

  • Scheme of Amalgamation with Dhanuka Laboratories is effective from July 10, 2026.
  • Authorized share capital increased to ₹164.51 crore.
  • Record date set for July 23, 2026, for share allotment.
  • Share exchange ratio: 161:5 for Orchid Pharma to Dhanuka Labs shareholders.
  • Dhanuka Laboratories stands dissolved without winding up.