Regulation, Compliance & Legal › Sub-category

Licence / Approval / Cancellation

19 articles
Aurobindo Pharma’s completed acquisition of Lannett Company, finalized after securing FTC approval, significantly expands the company’s US presence and operational capabilities. Integrating Lannett as a wholly-owned subsidiary adds over 400 employees and strengthens Aurobindo’s talent base, with an immediate focus on maintaining medication access and partner relationships. This strategic move underscores the ongoing consolidation within the pharmaceutical sector and highlights the importance of securing regulatory clearances to fuel growth through acquisitions. Investors should monitor the integration process and its impact on Aurobindo’s overall financial performance and market share in the US generics market.
Ind Bank Housing Q1 FY27 Net Profit ₹387.54 Lakh
Ind Bank Housing reported Q1 FY27 un-audited net profit of ₹387.54 lakh versus a loss of ₹10.91 lakh in Q1 FY26, driven by ₹319.30 lakh other income. The company's housing finance registration was can
Can Fin Homes Appoints Shailesh Kumar Singh Deputy MD
Can Fin Homes received RBI approval for Shailesh Kumar Singh's appointment as Whole Time Director and Deputy Managing Director effective July 3, 2026. The appointment is for a three-year term and shar
Fermenta Biotech Receives FSSAI Approval for VITADEE Green®
Fermenta Biotech received FSSAI approval for its plant-sourced Vitamin D3 product named VITADEE Green®. The product is developed and manufactured in India, aligning with the Make in India initiative.
CAMS Subsidiary Gets IFSCA KYC Agency Approval
CAMS subsidiary CAMS Investor Services received permanent approval from IFSCA to operate as a KYC Registration Agency in GIFT City. The approval enables expansion into global markets with a supportive
Jagsonpal Services Receives RBI Approval for Welcast Acquisition
Jagsonpal Services Ltd received RBI approval on 2nd July 2026 for acquiring 100% shareholding in NBFC Welcast Finstocks Private Limited. The approval follows the company's initial disclosure dated 18t
TTI Enterprise RBI NBFC Surrender Rejection
TTI Enterprise Limited's application to voluntarily surrender its NBFC registration was rejected by the Reserve Bank of India. The rejection was formally communicated via an RBI PRAVAAH portal status
Paytm Europe Granted Luxembourg Payment Institution License
Paytm Europe Payments S.A received payment institution license from Luxembourg's CSSF regulator effective July 02, 2026. License covers payment transaction execution, credit transfers, standing orders
PB Fintech Invests INR 13 Cr in Subsidiary PB Pay
PB Fintech Limited invests INR 13 crore in its wholly-owned subsidiary PB Pay Private Limited for payment aggregation business expansion. PB Pay holds RBI authorization as a payment aggregator but rep
RBI Extends Baghat Bank Directive 3 Months
RBI extended the Section 35A/56 directive for Baghat Urban Co‑op Bank by three months, from July 8 to October 8, 2026. The extension follows a prior six‑month directive (Oct 8 2025‑Apr 8 2026) and an
Panama Petrochem Receives Factory Operating License Until 2035
Panama Petrochem Ltd received a factory operating license from the Directorate of Industries Safety & Health, valid until June 29, 2035. The license authorizes the company to manufacture petroleum spe
TTI Enterprise RBI NBFC Surrender Rejection
TTI Enterprise received RBI rejection for voluntary surrender of its NBFC registration certificate. The company must continue operating as an NBFC and comply with all RBI regulations and applicable la
Jagsonpal Services Seeks Shareholder Approval for Fund Reallocation
Jagsonpal Services Limited seeks shareholder approval via postal ballot to reallocate ₹15.88 crore from its February 2025 preferential issue. Proposed reallocation reduces NBFC license funding from ₹1
Lupin Receives EMA Approval for NaMuscla Pediatric Expansion
Lupin announced EMA approval for NaMuscla expansion to pediatric patients aged 6-17 years with non-dystrophic myotonic disorders. The approval includes two new dosage strengths (62 mg and 83 mg capsul
Arrow Greentech Granted Indian Patent for Graphene Security Thread
Arrow Greentech Limited received Indian Patent No. 593008 for its graphene-based security thread invention. The patent covers the manufacturing method and application of the security thread technology
Nippon Life AMC Subsidiary Gets CCI Approval for DWS Investment
Nippon Life India AMC intimates exchanges of CCI approval for DWS's investment in its subsidiary Nippon Life India AIF Management. The approval, granted on June 30, 2026, is for a transaction involvin
MECON Granted Miniratna-I Status by Steel Ministry
Ministry of Steel grants Miniratna Category-I status to MECON Limited, a Schedule 'A' CPSE under its control. MECON achieved eligibility with a net worth of ₹535.42 crore and three consecutive profita
TVS Holdings Reports FY26 ₹322 Crore Profit with Dividend
TVS Holdings reported standalone net profit of ₹322.30 crore for FY26 with dividend income of ₹286.54 crore from subsidiaries including TVS Motor Company. The company received RBI registration as a Co
Som Distilleries FY26 Revenue Declines 14.8%
Som Distilleries reported a 14.8% YoY revenue decline to ₹1,233 crore and PAT of ₹10.2 crore for FY26, impacted by Bhopal plant license suspension. Beer volumes fell 20% to 187.19 lakh cases, while IM
Natural Capsules Q4 FY26 Revenue Up 55% QoQ
Natural Capsules reported Q4 FY26 consolidated revenue of ₹58.45 crore, up 55% QoQ, with EBITDA recovering to ₹1.33 crore. Full-year FY26 revenue grew 11% to ₹187.20 crore, but EBITDA was a loss of ₹1