LUPIN

**USFDA Approval, Defence Order & Expansion** **

:** Received **U.S. FDA approval** for **Sodium Zirconium Cyclosilicate for Oral Suspension** in the United States. **Impact:** **Positive;** expands Lupin's U.S. product portfolio and supports future revenue growth. ** !Zen Technologies :** Secured a **₹295 crore** order from the **Ministry of Defence** for the supply of defence simulators. **Impact:** **Positive;** strengthens the order book and reinforces its position in the defence training segment. ** !RailTel Corporation :** Won a **₹119 crore** order. **Impact:** **Positive;** enhances order book strength and improves revenue visibility. ** !Manaksia Steels :** Approved the expansion of its **Haldia facility** with an estimated investment of **₹800 crore**. **Impact:** **Positive;** capacity expansion is expected to support long-term production growth and earnings.