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SOLREX PHARMA
- Orchid for new share purchase raid? It's Poonawala this time
Drugmaker Orchid Chemicals, party to hectic share purchase activities by a Ranbaxy group entity recently, is attracting a new investor -- P...
- Ranbaxy in strategic alliance with Orchid Chemicals
Ranbaxy said the pact with Orchid involved multiple geographies and therapies for both finished dosage forms and active pharmaceutical ingr...
- Orchid plunges 12.5% on Ranbaxy silence
Orchid Chemicals’ shares plunged 12.5% or Rs 40 to Rs 279 on Thursday from Wednesday’s close of Rs 319 at BSE.
- Strides Arcolab promoters hike stake to 21%
The promoters of mid-sized pharma company Strides Arcolab have increased their holding in the company by a little over 4% in recent weeks.
- Solrex close to triggering open offer in Orchid
The Ranbaxy Group has come within striking distance of an open offer for Chennai-based drug maker Orchid Chemicals & Pharmaceuticals.
- Solrex Pharma buys into Orchid again
Solrex Pharmaceuticals, the surprise raider which mopped up 11.4% stake in the Chennai-based drug maker, has returned to the market after a...
- No hostile takeover bid for Orchid: Ranbaxy
Ranbaxy, which has been linked to a hostile takeover bid of Orchid Chemicals, has said it does not believe in such practices.
- Ranbaxy can't pop Orchid easily
Solrex will have to fork out an extra Rs 400-500 crore to buy a further 20% stake in case it comes with an open offer.
- Orchid may use warrants as defence
As a proxy fight for the control of drug maker Orchid intensifies in the stock market, a key weapon in founder K Raghavendra Rao’s arsenal ...
- Ranbaxy picks up 9.54% stake in Orchid Chemicals
A creeping acquisition has begun in the shares of Chennai-based Orchid Chemicals & Pharmaceuticals which has become vulnerable to acquisiti...