5243722026-06-115243722026-06-11ActionsTakenOrOrdersPassedDomain15243722026-06-11ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15243722026-06-11SignatoriesDomain15243722026-06-11SignatoriesDomain2xbrli:pureORCHPHARMAOrchid Pharma Limited524372NOTLISTEDINE191A01027NewAction(s) taken or orders passed (sub-para 20)false2026-06-1016:04:002026-06-11Any other similar action(s)Order was passed by Authority for recovery of demand stated therein.Statutory AuthorityAdditional Commissioner of Central Tax, Chennai-Outer Commissionerate1Listed Entity (Self)Orchid Pharma LimitedPhysical through PostThe Authority has passed an Order confirming demand and recovery of the erroneously sanctioned refund amount of Rs. 1,67,07,937/- along with the interest, as applicable, under Section 11AB of the Central Excise Act, 1944.2026-06-10The Authority has ascertained that the amount demanded in the Order was erroneously refunded during the period August 2007 to April 2008 by the then Assistant Commissioner of Central Excise, Poonamalle Division and should be recovered under Section 11A of Central Excise Act 1944.NAThe Company notes that the subject matter of the Order pertains to a period prior to the commencement of Corporate Insolvency Resolution Process (“CIRP”). However, the Company was subsequently acquired pursuant to an approved Resolution Plan sanctioned by the Hon'ble National Company Law Tribunal. In view of the provisions of the approved Resolution Plan and applicable law, the management is of the view that the liabilities, if any, pertaining to the period prior to the acquisition stand appropriately addressed under the Resolution Plan. Accordingly, we understand and believes that the order will not have a material impact on the financials, operations or other activities of the Company.The Authority has ascertained that the amount demanded in the Order was erroneously refunded by the then Assistant Commissioner of Central Excise, Poonamalle Division and should be recovered under Section 11A of Central Excise Act 1944.The Authority has passed an Order confirming demand and recovery of the erroneously sanctioned refund amount of Rs. 1,67,07,937/- along with the interest, as applicable, under Section 11AB of the Central Excise Act, 1944.NABased on our preliminary assessment, we believe that the aforesaid Order including the demand and interest is unjustified and are not sustainable in law and facts. Accordingly, the Company intends to avail appropriate legal remedies and file appeal before the competent appellate authority.Kapil DayyaCompany Secretary and Compliance officer2026-06-11Alathur, ChengalpattuSunil Kumar GuptaChief Financial Officer2026-06-11Alathur, Chengalpattu