NSEGeneral Updates6d ago · 3 Nov 2026, 02:39 pm
General Updates
Shivalik Rasayan Limited · SHIVALIK
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Shivalik Rasayan Limited has filed a Drug Master File (DMF) for Avapritinib API with USFDA, which is used to treat Gastrointestinal Stromal Tumors (GIST). The product is marketed under the brand name 'Ayvakit' and achieved a revenue of 700 million USD in 2025.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10
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Shivalik Rasayan Limited has informed the Exchange about General Updates
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Corporate Office: 1506, Chiranjiv Tower,
Shivalik Rasayan Limited
43, Nehru Place, New Delhi-19
Tel: +91 11 47589500 (30 Lines), 26221811/26418182
E-Mail : info@shivalikrasayan.com
Website: www.shivalikrasayan.com
CIN: L24237UR1979PLC005041
Ref: STEX/Announcement/2026-27 Date: 03.11.2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla complex
Dalal Street, Bandra(E) Mumbai- 400051
Mumbai – 400001
Code No: 539148 Symbol: SHIVALIK
Sub: Filed Drug Master File (DMF)
Dear Sir/ Ma’am,
Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, this is to inform you that:
Shivalik Rasayan Limited has successfully filed Drug Master File (DMF) for Avapritinib API
with USFDA for which the Complete Assessment (CA) has been done. It is used to treat
Gastrointestine Stromal Tumors (GIST). It is a product of Sanofi and is marketed under brand
name of “Ayvakit”. Ayvakit achieved a revenue of 700 million USD during 2025.
This is for your information and records.
Thanking You
Yours truly,
For Shivalik Rasayan Limited
Parul Choudhary
Company Secretary & Compliance Officer
ACS: 34854
Regd. Office & Factory: Kolhupani, P.O. Chandanwari, Dehradun-248 007. Phone: 0135-2773429, 2772038, E-mail: ddn@shivalikrasayan.com
Works Dahej-II: D-2/CH/41/A, GIDC Industrial Estates, Dahej-II, Pin- 392140 Distt, Bharuch (Gujarat)
R&D Centre: SP-1192 A&B, Phase-IV, Industrial Area, Bhiwadi-301019, Dist. Alwar, Bhiwadi (Rajasthan) Tel.: 07240009670