Orchid Pharma Limited (ORCHPHARMA) — Announcement

· NSE Neutral
📢 Key Event
GST department issues demand order for Rs. 1.67 crores plus interest
💡 Investor Takeaway
Investors should note the company views the liability as resolved through the acquisition process and expects no material financial impact.

Orchid Pharma disclosed a GST department order demanding Rs. 1.67 crores plus interest for a pre-acquisition period, but stated the liability is addressed under an approved insolvency resolution plan and will not materially affect financials or operations. The company plans to appeal the order while emphasizing legal remedies.

📄 View Original Announcement (PDF)

About Orchid Pharma Limited (ORCHPHARMA)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹3,614.24 Cr P/E: 32.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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