Merger10 Jul 2026, 08:40 pm
Orchid Pharma Fixes Record Date for Dhanuka Labs Amalgamation
AI Summary
Orchid Pharma Ltd has fixed Thursday, July 23, 2026, as the record date for allotting shares to the shareholders of Dhanuka Laboratories Limited, following the scheme of amalgamation. The scheme became effective on July 10, 2026, with Dhanuka Laboratories dissolving without winding up. The appointed date for the amalgamation is April 1, 2024. Orchid Pharma's authorized share capital has been increased to ₹164.51 crore. The share exchange ratio is 161 Orchid Pharma shares for every 5 Dhanuka Laboratories shares.
Key Highlights
- Record date set for July 23, 2026, for Dhanuka Labs shareholder share allotment.
- Amalgamation effective July 10, 2026; Dhanuka Labs dissolved.
- Share exchange ratio: 161 OPL shares for 5 DLL shares.
- Orchid Pharma's authorized capital increased to ₹164.51 crore.
Price Impact
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