
Property22 Sept 2026, 09:31 pm
Orchid Pharma Purchases Property, Concludes DBS Bank Lease
AI Summary
Orchid Pharma Ltd has purchased a property that was previously under a lease arrangement with DBS Bank India Limited. This acquisition signifies the permanent closure of the company's arrangement with DBS Bank concerning the property, resolving a dispute related to lease rentals and establishing clear ownership for Orchid Pharma. The transaction brings certainty and finality to the company's property holdings.
Key Highlights
- Company has purchased a disputed property.
- Lease arrangement with DBS Bank has concluded.
- Ownership dispute related to lease rentals is resolved.
- Transaction provides certainty of property ownership.
Price Impact
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