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The case relates to alleged unsolicited fax communications sent in February 2020. The certified class covers approximately 18,851 unique fax numbers and 18,869 transmissions.
The Telephone Consumer Protection Act (TCPA) prohibits automated calls or texts to consumers without prior consent, including calls using prerecorded or synthetic voices, and protects numbers listed on the National Do-Not-Call Registry in the US.
When companies violate these rules, affected individuals can reportedly pursue statutory damages ranging from $500 to $1,500 per call or text received.
The proposed settlement provides for a maximum settlement fund of US$4.72 million, calculated at US$250 per eligible claim.
However, the $4.72 million represents the contractual maximum and is not the expected cash outflow.
The actual payment will depend on the number of valid claims submitted and approved under the settlement framework.
The settlement is also subject to execution by the relevant parties and approval by the US District Court for the District of New Jersey.
'The settlement does not constitute an admission of liability by the company or the defendants,' Indegene said in a statement.
Indegene is the strategic operating partner to the global life sciences industry, orchestrating commercial, medical, R&D, and safety operations across the product lifecycle.
The company's net profit remained almost flat at Rs 116.2 crore even as revenues rose by 39.7% to Rs 1,063.1 crore in Q1 FY27 as compared with Q1 FY26.
The scrip shed 0.66% to currently trade at Rs 563.30 on the BSE.
Hexaware Technologies Ltd, Allied Blenders & Distillers Ltd, Usha Martin Ltd, Capri Global Capital Ltd are among the other stocks to see a surge in volumes on BSE today, 28 July 2026.
Indegene Ltd witnessed volume of 2.39 lakh shares by 10:46 IST on BSE, a 22.66 times surge over two-week average daily volume of 10546 shares. The stock increased 0.64% to Rs.511.40. Volumes stood at 14077 shares in the last session.
Hexaware Technologies Ltd witnessed volume of 4.18 lakh shares by 10:46 IST on BSE, a 22.26 times surge over two-week average daily volume of 18763 shares. The stock increased 6.81% to Rs.599.00. Volumes stood at 16613 shares in the last session.
Allied Blenders & Distillers Ltd registered volume of 2.67 lakh shares by 10:46 IST on BSE, a 12.22 fold spurt over two-week average daily volume of 21818 shares. The stock slipped 1.38% to Rs.615.95. Volumes stood at 19360 shares in the last session.
Usha Martin Ltd registered volume of 1.46 lakh shares by 10:46 IST on BSE, a 8.65 fold spurt over two-week average daily volume of 16851 shares. The stock rose 0.96% to Rs.506.70. Volumes stood at 14179 shares in the last session.
Capri Global Capital Ltd saw volume of 6.81 lakh shares by 10:46 IST on BSE, a 8.63 fold spurt over two-week average daily volume of 78890 shares. The stock dropped 0.86% to Rs.242.75. Volumes stood at 65766 shares in the last session.
For the full year,net profit declined 1.38% to Rs 401.10 crore in the year ended March 2026 as against Rs 406.70 crore during the previous year ended March 2025. Sales rose 23.64% to Rs 3510.50 crore in the year ended March 2026 as against Rs 2839.30 crore during the previous year ended March 2025.
APL Apollo Tubes Ltd, Elgi Equipments Ltd, Kirloskar Oil Engines Ltd, AAVAS Financiers Ltd are among the other stocks to see a surge in volumes on BSE today, 12 February 2026.
Indegene Ltd registered volume of 5.38 lakh shares by 10:45 IST on BSE, a 38.48 fold spurt over two-week average daily volume of 13975 shares. The stock slipped 0.45% to Rs.471.05. Volumes stood at 10855 shares in the last session.
APL Apollo Tubes Ltd witnessed volume of 14.11 lakh shares by 10:45 IST on BSE, a 18.13 times surge over two-week average daily volume of 77831 shares. The stock dropped 0.04% to Rs.2,279.70. Volumes stood at 80089 shares in the last session.
Elgi Equipments Ltd notched up volume of 7.69 lakh shares by 10:45 IST on BSE, a 14.42 fold spurt over two-week average daily volume of 53332 shares. The stock rose 4.03% to Rs.516.50. Volumes stood at 18752 shares in the last session.
Kirloskar Oil Engines Ltd clocked volume of 1.87 lakh shares by 10:45 IST on BSE, a 9.43 times surge over two-week average daily volume of 19797 shares. The stock gained 5.25% to Rs.1,392.10. Volumes stood at 48933 shares in the last session.
AAVAS Financiers Ltd clocked volume of 99417 shares by 10:45 IST on BSE, a 8.94 times surge over two-week average daily volume of 11115 shares. The stock gained 0.79% to Rs.1,318.60. Volumes stood at 7842 shares in the last session.