Source : FY2021 Annual Report if HDFC Ltd

Today, post market hours, Orchid Pharma Ltd made an announcement on the Stock Exchanges.
The astonishing thing is that the Floor Price is 375 Rs/share which is a 72% discount to today’s close price of 1320 Rs/share.
Wonder what is the pricing rationale here.
Some stuff I am reading today morning:
Jet Airways to fly again ( BW)
Kerala FMCG distributors Vs Tata Consumer (CNBC)
How Centrum saw an opportunity in PMC Bank (Forbes)
Bitcoin falls below $30,000 (Coin Desk)
Is RBI running behind the inflation curve? (Fortune)
Commodities-A Relay Race – Lap 2 ( Samkit Capital)
Winners & Losers of the Demographic problem (Farrer Wealth)
4 Qs to explain Asset-Liability mismatch (Morningstar)
Luck (Enso Finance)
Soros & Druckenmiller shorting the Pound (Neckars Notes)
Source: FY21 Annual Report of Adani Ports & SEZ Ltd
Adani Logistics Ltd is a wholly owned subsidiary of Adani Ports & SEZ Ltd