Orchid Pharma Limited — Others, 03-06-2025: Giving guarantees/indemnity/ becoming a surety for third party

Orchid Pharma Limited has announced a corporate guarantee of up to Rs. 9.44 Cr for its wholly owned subsidiary, Orchid Bio-Pharma Limited, related to an EPCG license. This guarantee remains effective until formally revoked with Customs Authority approval. Promoters are not involved, and the transaction is at arm’s length. Although the guarantee does not materially affect Orchid Pharma’s financials, it is recognized as a contingent liability, indicating a potential obligation shareholders should note.