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Orchid Pharma Limited Proxy Solicitation & Information Statement 2021

Jun 7, 2021

60526_rns_2021-06-07_d15aaac8-aa3a-44cd-b759-e6c5f0b69545.pdf

Proxy Solicitation & Information Statement

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June 07, 2021

National Stock Exchange of India Ltd
Listing Department
Exchange Plaza, 5th Floor, Plot No: C/1,
G - Block, Bandra — Kurla Complex,
Bandra (East), Mumbai - 400 051
NSE Symbol: ORCHPHARMA
BSE Limited
Corporate Relationship Department
1st floor, New Trading Ring, Rotunda
Building,
P J Towers, Dalal Street, Fort
Mumbai - 400 001
BSE Code: 524372
Luxembourg Stock Exchange
Bourse de Luxembourg
BP 165, L-2011 Luxembourg Siege social
11, avenue de la Portal - Neuve
London Stock Exchange
10 Paternoster Square
London
EC4M 7LS
United Kingdom

- Sub: Newspaper Publication for Book Closure and e voting process for the Extra Ordinary General Meeting

Dear Sir/Madam

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in compliance with MCA General circular No.20/2020 dated May 5, 2020 read with General circular No. 14/2020 dated April 8, 2020, General circular No. 17/2020 dated April 13, 2020 and SEBI Circular dated May 12,2020, please find enclosed herewith the Copies of newspaper advertisement published in the newspapers i.e., Business Standard (English) and Makkal Kural (Tamil) for giving notice of the date and time of the Extraordinary General Meeting of the Company to be held on Tuesday, June 29, 2021 at 11:30 A.M. (IST) through Video Conference (“VC”) / Other Audio Visual Means (“OAVM”), procedure for registering / updating email addresses, Book Closure and e-voting details for the purpose of convening EGM of the Company. The same can be accessed on the website of the Company at www.orchidpharma.com.

Kindly take the above on your records.

Thanking you,

Yours faithfully,

For Orchid Pharma Limited

NIKITA Digitally signed by NIKITA Date: 2021.06.07 22:36:04 +05'30'

Nikita K Company Secretary

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MUMBAI | MONDAY, 7 JUNE 2021 1

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6 ECONOMY & PUBLIC AFFAIRS

Covid-hit coal workers in battle for frontline status

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Coal India says it made arrangements for sufficient beds, unions dispute claim

SHREYA JAI ment,” he said. New Delhi, 6 June CIL has declared a compensatory ex gratia of ~15 lakh in n April, S Srivastava, an case of death due to Covid for office bearer of the its own employees and conI Dhanbad Colliery tractual workers. A CIL Karamachari Sangh, wrote to spokesperson, however, said, Bharat Coking Coal (BCCL) to “Instances where the compendeclare mine workers as frontsation is pending could be due line staff and start their vaccito non-submission of docunation immediately. ments from the deceased famCoal miners work in proxilies for various reasons.” imity to each other and the IN A PIT Compensation for families chances of them spreading of the 233 deceased, amountCovid is high. CIL: COVID DEATHS COAL PRODUCTION VACCINATION ing to about ~3.5 crore has been Coal India (CIL) started vacci-By April-end, BCCL parent 360 79 mt STATUS IN CIL109,000 disbursed and approval for ~6.45 crore for 43 families is nating its employees but many felt it was already too Apr-May (Official data) Apr-May 2020 people above 45 yrs, free of cost under process. “What the whole country late. CIL said deaths reported from April 1 to May 27 of 2021 500+ 344,000 faced, CIL also battled – lack of medical infrastructure. CIL due to Covid was 360. Workers Jan-May (Data 109 mt total employees prepared a plan to have super and trade unions in the mincollated by workers’ Apr-May 2021 (includes wards of speciality hospitals in every ing states put the figure at unions across CIL employees and subsidiary but it didn’t take off. close to 500 employees, subsidiaries) contractual staff) We have urged the company to including contractual workers start it. We should be prepared and their wards. three to four dispensaries, (SECL), which is one of the for a pandemic such as Covid,” While the numbers vary, there is one doctor. There is larger subsidiaries of CIL opersaid DD Ramanandan, general mine workers in some of the delay in testing, admission ating 89 mines in Chhattisgarh secretary, CITU. remotest corners of the counand even medicine availabiliand Madhya Pradesh, has seen The CIL spokesperson, try battle Covid-related risks ty. There was one ambulance 1,710 employees testing posihowever, said the company every day. “Coal mining is for every three collieries and tive and 124 deaths as on June was “the highest mobiliser essential work, but it was not they did not have an oxygen 1, 2021. According to official of Covid care beds in corporecognised as frontline. Even facility during the peak” said data by SECL, two contractual rate India.” if one worker falls sick, the othSrivastava. BCCL’s mining area workers have lost their lives. CIL said 3,831 Covid beds er nine who work along with includes Jharia and Raniganj Data collated by the workers’ were created during the curhim go to work the next day,” coalfields in Jharkhand and union, however, shows 68 conrent financial year, so far, comsaid Ravi Singh, a mechanic West Bengal. tractual workers succumbing pared to 2,160 last year. The with Dhanbad Collieries. Singh, who tested positive to Covid, taking the total death availability of oxygen cylinders These workers cannot self-isoin May and was admitted to a toll at SECL zones to 160. doubled to 2,673 compared to late since work has to go on. CIL-run hospital, said while “As testing and treatment is 1,077 as of March 31, 2021. CIL has an extensive medcritical services were available, delayed, a lot of workers, who Ready-for-use ventilators were ical network but it was stressed there was a shortage of staff have died due to Covid, are not 247 from just 94 earlier. CIL has during the second wave. and ICU admission was solely even getting certificates indialso recently announced that Primary healthcare centres on “reference” basis. cating Covid as the cause. Most it would set up two oxygen near remote mining areas in “I was not even admitted of these contract workers are plants at an investment of ~35 Chhattisgarh, Madhya to a Covid ward. There was dying at home, either because crore. Pradesh, West Bengal and considerable delay in the of lack of treatment or ignoExecutives posted in minJharkhand have only basic treatment. There were nonrance because of which they ing areas claimed there is a medical infrastructure and CIL people in the ICU, while avoid hospitalisation,” said V shortage of vaccines and the staff, several workers told we scrambled for some referM Manohar, Centre of Indian drive pauses for days when Business Standard. ence. Even for a CT scan, I had Trade Unions (CITU) leader in vaccines run out. Singh works with BCCL, to go to another hospital,” Chhattisgarh. Also, vaccination has its which has one central hospisaid Singh. Korba, which has three big own challenges. In Medhua, tal, 13 regional hospitals and After close to 20 days of coal mines – Kusmunda, Dipka one of the remotest villages 73 dispensaries for its 43,000 recovery, Singh was back to and Gevra – has seen the highbeyond Korba district, five workers. District administrawork at the mine but two other est number of cases, said died post vaccination after the tions took charge of CIL hoscolleagues admitted along Manohar. “The lack of certififirst drive for 50 people was pitals from March 2021 as caswith him died. “We are workcation is impacting families of over. The whole village erupted es surged but this meant coal ers of the company only till the deceased workers. It will be difin a riot against the local health workers facing bed and oxytime we are in the mine, not ficult for these families to get worker, who later committed gen shortage at their own combeyond that,” rued Singh. the Covid compensation suicide. The villagers have now pany hospitals. “For every South Eastern Coalfields announced by the governboycotted the vaccine drive.

> FROM PAGE 1 Shop, eatery owners in Delhi, Air travellers show Mumbai expect muted unlocking 2x rise in June 1st Almost 80 per cent of business for restau-rants comes via dine in customers on rants comes via dine in customers on vaccination and sanitation drive," said Bector. Bector. weekends. Restaurant owners say that Anurag Katriar, president, National week over May earnings during the day are negligible, Restaurant Association of India, said that

2x rise in June 1st Almost 80 per cent of business for restau-rants comes via dine in customers on rants comes via dine in customers on vaccination and sanitation drive," said Bector. Bector. weekends. Restaurant owners say that Anurag Katriar, president, National week over May earnings during the day are negligible, Restaurant Association of India, said that especially during a pandemic when most the phased approach to unlocking in people are working from home. Food Mumbai was welcome. He points out that currently, fleet capacity delivery contributes only around 5-7 per "It is certainly better than last year utilisation is at an average of 20-25 per cent of the total revenue of a restaurant. when eateries were among the last to recent. So the first step is to see how quickly In Delhi, mall owners say they are open. Yes, there are challenges, but the they can go to 50 per cent, which is what ready and will strictly monitor footfalls. situation will normalise gradually,” he is mandated by the government till 30 Pushpa Bector, executive director at DLF said. The first wave saw nearly 35 per cent June). Shopping Malls,points out that June and of restaurants shut permanently across For airports, too, the situation is preJuly are the time for sales. the country. Another 30 per cent are carious. Says a senior executive of an air“Many shops have a lot of stock to believed to have closed during the second port company: “We are readying for a exhaust. We anticipate that the sales will wave. Katriar said that the re-opening, quick uptake in passengers and increasing start soon to ensure stocks can be liquicoupled with the on-tap liquidity our capacity utilisation. Otherwise our dated. We will be gearing up for the season announced by the Reserve Bank of India business is in serious trouble.” and are ready to get consumers back in a on Friday, will help to arrest the high In February last year, before Covid-19 safe and secure environment with our restaurant mortality rate.

In February last year, before Covid-19 safe and secure environment with our restaurant mortality rate. hit the world, airlines in India ferried over 4.12 lakh passengers a day. After the outbreak of the pandemic, and after airline He added: “However, what is the result tion to sex, BMI, blood group, and any services resumed at the end of May last from a quantitative comparison - also comorbidities, people above 60 years or year, the increase in passenger traffic was needs to be examined - is the difference those with Type 2 diabetes had signifislow, going up from 42,000 on 27 May to between the mean or median titre cantly lower seropositivity rates,” the 178,000 in October. By March end this between the two groups.” authors said. year, before the second wave struck, the He further added that these comparBoth vaccine recipients had similar number of passengers had hit 3.13 lakh a isons allow for population level inference solicited mild to moderate adverse events day. Whether India’s airlines can touch (not for any particular individual), proand none had severe or unsolicited side that peak again in the near future is anyvided the sample of participants in the effects. Both vaccines elicited good body’s guess. study is drawn randomly from the total immune response after two doses, population of interest. although seropositivity rates and median Covishield shows in a bias and does not allow extrapolation “Any arbitrary draw of a sample brings anti-spike antibody titre was significantly higher in Covishield, compared to of inference on a larger universe of peoCovaxin arm,” they concluded. ple,” said Panda. This is, however, not an efficacy analy- better antibody Moreover,immunity is not only guided sis of both the vaccines. Efficacy analysis response... by the humoral arm of immunity but also would mean whether those vaccinated the cellular arm, he explained. get symptomatic Covid or not.

Covishield shows better antibody response...

“Finally, it should also be appreciated that immunity is guid- RInfra to raise ed not only by the BS SUDOKU #3377 humoral arm of the ~550 cr from immunity (determined by neutralising Ambani, Varde Very hard antibody titres, etc) fol««««« lowing vaccination, Solution tomorrow but also by the cellular Following the issue, the promoter's stake arm, which determines will rise to 23 per cent while Varde will immune memory,” he own 7 per cent, with the rest being held said. by the public and institutions. The board The researchers decided, during the Sunday meeting, to said the primary aim seek approval of shareholders through a was to analyse the antipostal ballot. SOLUTION TO # 3376 body response RInfra is among the largest infra(seropositivity and structure players, developing projects median antibody titre) through various Special Purpose HOW TO PLAY following each dose of Vehicles (SPVs) in several high-growth Fill in the grid so that every both vaccines and its sectors like power, roads, and metro rail correlation to age, sex, in the infrastructure space, and the row, every column and blood group, body defence sector. every 3x3 box contains the mass index (BMI), and For FY21, it reported revenue of ~1,689 digits 1 to 9 comorbidities. crore and loss of ~19 crore.According to While no difference BSE data, the promoters own 4.98 per was observed in relacent stake.