ERIS Lifesciences Ltd Share Price – NSE  / BSE

Pharmaceuticals, Small Cap

HALMED (Agency for Medicinal Products and Medical Devices of Croatia) inspected the unit-1 (general liquid and dry powder injectables) and Unit-2 (betalactam dry powder injectables) from 9 to 13th March 2026. Following the inspection, the company received a list of non-compliance observations for Unit-1 and Unit-2.

According to the company, the observations are procedural in nature and require improvement to achieve compliance with the principles and guidelines of good manufacturing practice (GMP) under the Directive (EU) 2017/1572. The company said it will undertake remediation measures, submit corrective and preventive action plans (CAPAs), and request HALMED to conduct a follow-up inspection.

The company said the impact on current business operations is likely to be minimal while commercialization of the EU-CDMO product pipeline may face delays.

Eris Lifesciences is an Indian pharmaceutical company and a leading player in the domestic branded formulations market. The company is engaged in the manufacturing and marketing of pharmaceutical products.

The company has reported 19.05% increase in consolidated net profit to Rs 99.72 crore on a 10.91% increase in revenue to Rs 800.89 crore in Q3 FY26 as compared with Q3 FY25.

ERIS Lifesciences has appointed Vineet Varma (DIN: 11600100) as an Additional Director (Non-executive, Independent) of the Company for a term of five years, effective from 14 March 2026, subject to the approval of the members.

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ERIS Lifesciences has allotted 19,624 equity shares under ESOP on 12 March 2026. With this allotment, the paid up equity share capital stands increased to Rs. 13,85,42,887/- (13,85,42,887 equity shares of Re. 1/- each).

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Semaglutide, a GLP-1 receptor agonist, has emerged globally as a transformative therapy in the management of Type 2 diabetes and chronic weight management driven by robust clinical outcomes in glycemic control and weight reduction.

With India witnessing a rapidly growing diabetic population and increasing awareness around obesity management, GLP-1 therapies represent a high-growth opportunity within the metabolic segment.

Eris has built a strong and scalable presence in diabetology over the years, supported by a wide specialist reach and deep engagement with endocrinologists, diabetologists and physicians across India.

The addition of semaglutide is expected to further strengthen Eris? portfolio in advanced diabetes therapies and enhance its participation in next-generation metabolic treatments.

Natco Pharma has received approval from the Central Drugs Standard Control Organisation (CDSCO) to manufacture generic semaglutide for the Indian market, paving the way for a launch expected in March 2026.

The product will target Type 2 diabetes management aligning with unmet needs in India?s expanding metabolic care landscape.

This collaboration builds on both companies? complementary strengths: Eris?s robust commercial and diabetes franchise presence, and Natco?s manufacturing and regulatory prowess in complex formulations.

Amit Bakshi, chairman & managing director, Eris Lifesciences, said: Semaglutide represents one of the most significant therapeutic advances in metabolic care in recent years.

This partnership reflects our continued commitment to strengthening our diabetes franchise with innovative and high-impact therapies.

He further added that Eris has been proactively preparing its commercial strategy to participate meaningfully in the GLP-1 opportunity and views this partnership as a long-term value driver for the company.

Eris Lifesciences is an Indian pharmaceutical company and a leading player in the domestic branded formulations market. The company is engaged in the manufacturing and marketing of pharmaceutical products.

The company has reported 19.05% increase in consolidated net profit to Rs 99.72 crore on a 10.91% increase in revenue to Rs 800.89 crore in Q3 FY26 as compared with Q3 FY25.

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