
Merger12 Jun 2026, 01:00 pm
Orchid Pharma Receives NCLT Order for Dhanuka Labs Merger
AI Summary
Orchid Pharma Limited has received a copy of the order from the Hon'ble National Company Law Tribunal (NCLT), Chennai, approving the Scheme of Amalgamation and Arrangement between Dhanuka Laboratories Limited and Orchid Pharma Limited. The order was pronounced on June 5, 2026, and made available on the NCLT website on June 11, 2026. The Appointed Date for the scheme is April 1, 2024. The merger will be effective upon completion of the steps outlined in the scheme, and Orchid Pharma will update the exchanges once it becomes effective.
Key Highlights
- NCLT Chennai approves the merger scheme of Dhanuka Laboratories with Orchid Pharma.
- The Appointed Date for the amalgamation is set as April 1, 2024.
- The merger is effective upon completion of stipulated steps.
- Orchid Pharma will inform exchanges once the scheme is effective.
Price Impact
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