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SRIPATHAM RAMKUMAR
Orchid gets three final bids at par with liquidation valueThe company had to sell assets to rein in debt. In 2012, it sold its penicillin business to US drug maker Hospira for $200 million.- Blackstone, Strides, Nectar lead race for Orchid PharmaShares of Orchid closed at Rs 17 on Friday, down 5 per cent.
- Aurobindo, Dr Reddy's Laboratories frontrunners to buy out bankrupt Orchid PharmaOrchid was on the Reserve Bank of India's second list of 28 defaulters that had to be referred to the NCLT before December 31 if no resolut...
- Lenders of Orchid Pharma appoint Sripatham Ramkumar as resolution professionalLakshmi Vilas Bank has referred Orchid Pharma to National Company Law Tribunal and the court had admitted the company on August 17.
- Edelweiss files bankruptcy case against Kohinoor CTNL InfrastructureKohinoor CTNL Infrastructure has defaulted in repaying the principal and interest on term loans since March, 2015.
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