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Orchid Chemicals & Pharmaceuticals informs about Outcome of Board Meeting

15 Jul 2014 Evaluate

Orchid Chemicals & Pharmaceuticals has informed that the Board of Directors of the Company at its meeting held on July 14, 2014, has approved the issue of shares to Promoters on a preferential basis pursuant to the conditions of CDR package sanctioned to the Company by Corporate Debt Restructuring Cell.

The above information is a part of company’s filings submitted to BSE.

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