Glenmark Pharmaceuticals, Lupin and RITES to see some action today

Techknowgreen Solutions Ltd. | Business Support | Miscellaneous | BSE: 543991 | NSE:

21 Jul 2026 Evaluate

Glenmark Pharmaceuticals’ wholly-owned subsidiary -- Glenmark Specialty S.A. has received U.S. FDA approval for the expanded use of RYALTRIS (olopatadine hydrochloride and mometasone furoate) Nasal Spray, 665 mcg/25 mcg per spray, for the treatment of symptoms of Seasonal Allergic Rhinitis (SAR) in pediatric patients aged 6 to less than 12 years. With this approval, RYALTRIS is now approved in the United States for adults and pediatric patients aged 6 years and older, extending this treatment option to a younger pediatric population.

Lupin’s wholly owned subsidiary -- Lupin Inc. has entered into a licensing agreement to grant an exclusive perpetual license for two of its oncology programs, LNP7457 (PRMT5) and LNP8701 (SOS1), to Kaveri Therapeutics, Inc. U.S.A. (Kaveri), in exchange for an 82.2% equity stake (Common Shares) in Kaveri. Kaveri will focus on advancing these Programs through global clinical trials and shall also raise capital to fund its global clinical development. The transaction has been completed on July 20, 2026, simultaneously along with the execution of this licensing arrangement.

RITES has signed a Memorandum of Understanding (MoU) with MECON, an undertaking under the Ministry of Steel, to collaborate in identifying business opportunities and jointly pursuing projects. The partnership aims to leverage the complementary strengths of both organisations - RITES’ extensive expertise in transport infrastructure and engineering consultancy, and MECON’s capabilities in the metal, mining, energy, and allied sectors.

ACME Solar Holdings (ACME Solar), through its subsidiary ACME Renewtech Fifth, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 300 MW ISTS-connected Wind-Solar Hybrid Renewable Energy Project. The tariff is already approved and adopted by Central and State Regulator. The Hybrid RE Project will be connected to ISTS substations and will utilize company’s already secured connectivity at high-irradiation and wind zones.

Monarch Surveyors and Engineering Consultants has secured a prestigious contract from the Government of Bihar, Urban Development & Housing Department, for the Preparation of Town Planning Scheme(s) for Multiple Greenfield Satellite Townships in Bihar (Group-1). The total value of the order stands at Rs 11.66 crore (inclusive of GST). The project marks another significant milestone in Monarch's growing participation in India's urban infrastructure development initiatives.

Mafatlal Industries has commissioned its 4 MWp captive ground-mounted solar photovoltaic (PV) power project at its manufacturing facility in Nadiad, Gujarat. Developed at an investment of approximately Rs 11 crore, the solar power plant is expected to generate approximately 66 lakh kWh of net usable electricity annually, meeting a portion of the unit's energy requirements.

Techknowgreen Solutions has been awarded a work order amounting to Rs 4.09 crore excluding GST from Remal Alcast. The work order pertains to Yuka Yantra - Supply and Installation of Air Pollution Unit for Fugitive Dust Emission. The said order is expected to be completed within 30 days.

Techknowgreen Solutn Share Price

144.40 -2.50 (-1.70%)

31-Jul-2026 16:59 View Price Chart

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Glenmark Pharmaceuticals, Lupin and RITES to see some action today

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