Brief: Orchid Pharma Says CoC Rejects All Three Bids For Co Under Bankruptcy Process

Orchid Pharma

20/04/2018 14:15

April 20 (Reuters) - Orchid Pharma Ltd  ORCD.NS :
    * SAYS  COMMITTEE OF CREDITORS REJECTS ALL THREE BIDS FOR CO
UNDER
BANKRUPTCY PROCESS
    * ORCHID PHARMA - PANEL OF CREDITORS AUTHORISES RESOLUTION
PROFESSIONAL TO INITIATE FRESH ROUND OF BIDDING WITH APRIL 25 AS
DEADLINE
    * ORCHID PHARMA - RESOLUTION APPLICANTS WHO PARTICIPATED IN
EARLIER ROUNDS OF BIDDING ARE ALSO ELIGIBLE TO PARTICIPATE IN
FRESH ROUND OF BIDDING

Source text - https://bit.ly/2HQjX7O
Further company coverage:  ORCD.NS 

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