StockWatch
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Pharmaceuticals
Merger10 Jul 2026, 07:50 pm

Orchid Pharma Ltd: Merger Scheme Effective, Capital Clause Altered

AI Summary

Orchid Pharma Ltd announced that its Board of Directors has approved the effectiveness of a merger scheme, making it effective from July 10, 2026. Dhanuka Laboratories Limited has been dissolved without winding up. The authorized share capital of Orchid Pharma has increased to ₹164.51 crore. A record date of July 23, 2026, has been fixed for share issuance to Dhanuka shareholders. The share exchange ratio is 161 Orchid Pharma shares for every 5 Dhanuka Laboratories shares.

Key Highlights

  • Merger scheme effective July 10, 2026.
  • Dhanuka Laboratories dissolved without winding up.
  • Authorized capital increased to ₹164.51 crore.
  • Record date set for July 23, 2026.
  • Share exchange ratio: 161:5.