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Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

Healthcare

04 March, 2020

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

Healthcare

29 July, 2019

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid Pharma ......

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

General

28 June, 2019

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......

NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma

Healthcare

26 June, 2019

NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma

The National Company Law Tribunal has cleared a resolution plan submitted by Dhanuka Laboratories Ltd to acquire debt-laden drugmaker Orchid ......

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Two drugmakers in race for Orchid Pharma as revival hopes brighten

Healthcare

20 May, 2019

Two drugmakers in race for Orchid Pharma as revival hopes brighten

Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival of the ......