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| Exchange Disseminated Time | With reference to increase in volume, Orchid Chemicals & Pharmaceuticals Ltd has Clarified to BSE as under:
"the share price and trading volumes of Orchid Chemicals & Pharmaceuticals Ltd have witnessed an increase over the last few days which are, in the company's opinion completely market driven. Further, we confirm that there are no material developments and plans other than those already communicated to the exchanges in line with the listing agreement. The company is unaware of the reason behind this price and volume increase.
We once again assure you that any developments that are material in nature as well as any price sensitive information will be immediately intimated to the stock exchanges." |
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