Sebi official Rajesh Dangeti highlighted concerns about the quality of disclosures made by companies to stock exchanges, suggesting they often lack clarity and substance. He emphasized the need for frequent, fair, and easily understandable information for investors. Dangeti also questioned whether the current quarterly disclosure frequency for certain information could be reduced, given advancements in technology and depository mechanisms.
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