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Orchid Chemicals & Pharmaceuticals informs about outcome of Allotment Committee Meeting

23 Dec 2014 Evaluate

Orchid Chemicals & Pharmaceuticals has informed that the Allotment Committee of the Board of Directors at their meeting held on December 22, 2014 has allotted 1,48,09,801 equity shares of Rs. 10/- each @ Rs. 49.79/- (including a premium of Rs. 39.79/- per share) as the first tranche to the Promoter group Company M/s Orchid Healthcare Private Limited on Preferential Basis as per the Corporate Debt Restructuring (CDR) Scheme approved by the CDR Empowered Group in terms of CDR Scheme.

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

Orchid Pharma Share Price

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