| Extinguishes 87.3 Lakh Shares Under Buyback
Zydus Lifesciences has extinguished **87.3 lakh equity shares** bought back at **₹1,260 per share**, completing its fully subscribed buyback program worth approximately **₹1,100 crore**.
Following the extinguishment, the company's outstanding share capital has reduced to **99.75 crore shares**, while promoter holding increased marginally to **75.01%**.
The reduction in share count is expected to improve earnings per share (EPS) and enhance shareholder value over time.
**Impact:** Share buyback and extinguishment are generally viewed positively as they improve capital efficiency, support EPS growth, and reflect management confidence in the business.
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AJANTPHARM
| FY26 Revenue Crosses ₹5,000 Crore, PAT Tops ₹1,000 Crore
Ajanta Pharma reported a strong FY26 performance with **revenue rising 17% YoY to ₹5,453 crore** and **PAT increasing 15% YoY to ₹1,056 crore**.
Adjusted EBITDA stood at **₹1,498 crore**, with a healthy **27% EBITDA margin**.
Growth was driven by strong performance across key businesses, with **US Generics revenue surging 49%**, while the India business outperformed the IPM growth rate.
**Impact:** Strong earnings growth, healthy profitability, and broad-based business momentum reinforce the company's long-term growth outlook.