Orchid Pharma Limited
Orchid Pharma Limited has purchased land situated at Patibulum Village, Kancheepuram District, Tamil Nadu. This purchase follows the company's earlier intimation dated June 06, 2025, regarding the disposal of a dispute related to the lease rental of this property.
The acquisition of this property has resulted in the conclusion of the erstwhile lease arrangement and the cessation of DBS Bank's rights and interest in the said property. This transaction marks the permanent closure of the company's arrangement with DBS Bank India Limited in relation to the property.
The disclosure states that this purchase provides certainty and clarity with respect to the company's ownership of the property. No financial details of the transaction, including purchase price or payment terms, were disclosed in the filing.
The intimation was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was signed by Kapil Dayya, Company Secretary & Compliance Officer (Membership No.: F10698) on September 22, 2026.