BSEOthers6d ago · 13 Aug 2026, 07:16 pm
Corrigendum to the Integrated Annual Report for the financial year 2025-26
Rubicon Research Ltd · 544578
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Rubicon Research Ltd has issued a corrigendum to its Integrated Annual Report for the financial year 2025-26, correcting minor typographical errors and updating shareholding patterns. The report remains unchanged in all other respects.
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Rubicon Research Ltd - 544578 - Reg. 34 (1) Annual Report.
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Date: August 13, 2026
To, To,
The Manager, The Manager
Lis(cid:415)ng Department, Lis(cid:415)ng Department
BSE Limited Na(cid:415)onal Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th floor, Plot no. C/1, Block
Dalal Street – Fort Bandra Kurla Complex, Bandra (East),
Mumbai 400001 Mumbai 400051
Scrip Code: 544578 N S E S y m b o l : R U B I C O N
ISIN- INE506V01022
Sub: Corrigendum to the Integrated Annual Report for the financial year 2025-26
Dear Sir/Madam,
This is with reference to our in(cid:415)ma(cid:415)on dated August 3, 2026, regarding the No(cid:415)ce of 27th Annual General
Mee(cid:415)ng along with Integrated Annual Report of the Company for the financial year 2025-26.
Please note the following minor correc(cid:415)ons made to the Annual Report to fix a few typographical errors:
1. Management Discussion & Analysis (Page nos. 76–78 of the Report): Corrected a few figures.
2. Other Minor Alignments: Adjusted the Shareholding Pa(cid:425)ern categories to match our filing for the quarter
ended March 31, 2026 and updated the percentage stake acquired in Arinna Lifesciences Limited.
All other contents of the Integrated Annual Report for FY 2025-26 remain unchanged. There are no changes to
the No(cid:415)ce of 27th Annual General Mee(cid:415)ng.
The revised Integrated Annual Report is a(cid:425)ached herewith and is also available on Company’s website at
www.rubicon.co.in.
Kindly take the above informa(cid:415)on on record.
Thanking you,
Yours faithfully,
For Rubicon Research Limited
(Formerly known as Rubicon Research Private Limited)
Deepashree Tanksale
Company Secretary and Compliance Officer
M. No.: A28132
Encl.: As Above
Rubicon Research Limited (formerly known as Rubicon Research Private Limited) | CIN: L73100MH1999PLC119744
Registered Office: Plot No. B-75, MedOne House, Road No. 33, Wagle Estate, Thane West, PIN – 400 604, Maharashtra, India
(cid:44562)(cid:44563) +91-22-61414000 / 50414000 | (cid:44604)(cid:44605)(cid:44606)(cid:44607)(cid:44608) reachus@rubicon.co.in | (cid:33362) www.rubicon.co.in
Rubicon Research Limited
Integrated Annual Report 2025-26
Corporate Overview Healthcare is meaningful when it reaches people
04-69
with consistency, quality and care they can trust. As
expectations evolve, the challenge lies in making
04 About Us
therapies more effective, accessible and patient-
Scan the QR code to know 06 FY 2025-26 at a Glance
more about us centric, without compromising affordability or
07 Global Footprint
or outcomes. This is where scientific innovation must
08 Message from our CEO
Visit our website
move beyond discovery to deliver real impact.
www.rubicon.co.in 10 Our Journey
12 Our Manufacturing
Capabilities
Statutory Reports At Rubicon Research Limited, our journey Our approach is anchored in three defining
14 Our Research is shaped by a clear belief: innovation must principles: Innovation, Quality and Care.
70-160
and Development serve a purpose. As an IP-led specialty Innovation drives us to reimagine drug
pharmaceutical company, we bring together delivery and improve better patient
15 Our Logistics
and Distribution strong formulation expertise and proprietary outcomes. Quality ensures that every
70 Management
drug delivery technologies to solve complex product meets the highest regulatory
16 Our Offerings Discussion and Analysis
challenges and improve therapeutic and industry standards. Care remains
18 Our Blueprint for 80 Board’s Report effectiveness. From oral solids to injectables at the heart of everything we do, guiding
Scalable Growth and advanced drug-device combinations, our efforts to make healthcare more
101 Business Responsibility
our diverse portfolio demonstrates a accessible and meaningful for patients
22 Operating Environment and Sustainability Report
Forward-looking statements
commitment to addressing unmet medical around the world.
24 Value Creation Model 137 Corporate
Some information in this report may needs across global markets.
contain forward-looking statements which Governance Report
include statements regarding Company’s 26 Stakeholder Engagement
expected financial position and results of
operations, business plans and prospects 30 Financial Capital
etc. and are generally identified by
forward-looking words such as “believe,” 34 Manufactured Capital
“plan,” “anticipate,” “continue,” “estimate,”
“expect,” “may,” “will” or other similar
words. Forward-looking statements 42 Intellectual Capital Supported by a strong
are dependent on assumptions or basis
underlying such statements. We have 48 Human Capital Financial Statements global development
chosen these assumptions or basis in
good faith, and we believe that they are 58 Natural Capital 161-275 network and robust
reasonable in all material respects.
However, we caution that actual results, 62 Social and manufacturing
performances or achievements could differ
Relationship Capital
materially from those expressed or implied capabilities, we continue to
in such forward-looking statements. We
161 Standalone
undertake no obligation to update or revise 66 Board of Directors translate scientific insight
any forward-looking statement, whether Financial Statement
as a result of new information, future 68 Company Information into real-world solutions.
events, or otherwise. 219 Consolidated
69 Historic Financial Financial Statement As we look ahead, our
Performance
emphasis remains on
advancing differentiated
therapies, enabling better
health outcomes and
contributing to a future
Contents
where healthcare is
effective, equitable and
within reach for all.
Innovation
Innovation
At Rubicon Research Limited (Rubicon
Research), innovation transforms scientific
expertise into meaningful healthcare
solutions. Our Research & Development
capabilities combine deep formulation
knowledge with proprietary drug delivery
technologies to address complex therapeutic
challenges, while our manufacturing
excellence ensures these innovations
are produced with precision, quality and
consistency at scale.
This integration ensures that innovation is not confined to discovery, but
carried through to delivery, translating into better efficacy, improved patient
experience and reliable access. In doing so, science creates holistic value:
for patients through better outcomes.
Rubicon Research Limited Integrated Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements
About Us
Redefining Medicine,
Acquisition
Elevating Lives
Impopharma Canada Limited Validus Pharmaceuticals LLC AimRx 3PL LLC
We acquired Impopharma Canada We acquired Validus Pharmaceuticals We acquired AimRx 3PL LLC (AimRx), a
Limited, bolstering our capabilities in LLC (Validus), a New Jersey-based US-based provider of logistics services
nasal and pulmonary drug development. marketer of brand-name products. to pharmaceutical companies, with a
We design and deliver innovative, patient-centric Keeping a strategic emphasis on
The acquisition included a US FDA and Validus specialises in CNS and CVS warehouse in East Brunswick, New
regulated markets, the United States
pharmaceutical solutions that address unmet Health Canada-inspected facility in therapies, including products like Jersey. AimRx is licensed to distribute
(US), in particular, we have positioned
Concord, Toronto, now serving as our Equetro® and Lopressor®. This prescription pharmaceuticals across
medical needs globally, thus improving people’s ourselves as a significant player in the
drug-device combination development acquisition expands Rubicon Research’s 45 states. The acquisition expands
lives. As an IP-led specialty pharmaceutical global pharmaceutical landscape. Our Center. This expansion reinforces branded specialty product pipeline and our distribution infrastructure in the
diverse portfolio includes oral solids,
our position in inhaler and nasal drug builds its presence in the US market, United States, supporting the growing
company, we leverage proprietary drug delivery
liquids, nasal, oph
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