Merger5 Jun 2026, 05:31 pm
Orchid Pharma: NCLT Sanctions Merger with Dhanuka Laboratories
AI Summary
Orchid Pharma Limited announced that the National Company Law Tribunal (NCLT), Chennai, has sanctioned the scheme of Amalgamation and Arrangement between Dhanuka Laboratories Limited and Orchid Pharma Limited. This merger, effective from June 05, 2026, will see Dhanuka Laboratories transferred to and vested in Orchid Pharma on a going concern basis. The company will provide the official order copy once available from the NCLT.
Key Highlights
- NCLT sanctions the merger scheme between Orchid Pharma and Dhanuka Laboratories.
- The merger is effective from June 05, 2026.
- Dhanuka Laboratories will be vested in Orchid Pharma on a going concern basis.
- The company will submit the NCLT order copy upon receipt.
Price Impact
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