The company also mentioned in its filing with the bourses that Kansai Paints Lanka is not a material subsidiary of the Kansai Nerolac.
IMD’s latest order is part of the government’s ongoing push to modernise the country’s weather tracking network.
The award was passed by an arbitral tribunal and was formally received by the company on December 11, 2025.
SMS Pharma added that it will submit its formal response to the USFDA within the stipulated timeline, in line with standard regulatory practice.
Revenue from operations for the quarter rose 15% year-on-year to Rs 352.39 crore, reflecting strong growth in the company’s service and solutions business.
Under the revised plan, Phase 1 will involve setting up a 20 GWh facility at a cost of ₹1,025 crore.
The company further informed the exchanges that the decision received a nod from the company's board at a meeting held on December 11, 2025.
The joint venture agreement follows a memorandum of understanding that the two entities had signed earlier on September 8, 2025.
Here are some of the stocks that may see significant price movements today: Wipro, Godawari Power & Ispat, KEC International, etc.
During analyst meetings, the management reinstated its guidance. This implies a robust 13-15% outperformance over the consumer durables industry.

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