Sebi has mandated completing rights issues within 23 working days from board approval, effective April 7, 2025. The move aims to streamline fundraising, reduce delays, and enhance market efficiency while ensuring stakeholder compliance and automated application validation.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO