Mumbai, Sept. 18 -- Media reports said promoter entity Jusmiral Holdings was looking to offload up to 8.9% stake in the company. The deal includes a 210-day lock-up period restricting further share sales. Details of the buyers were not immediately available.
As of June 2025, Jusmiral Holdings held 33.08% in the company, with overall promoter holding at 66.41%.
Recently, a foreign broker initiated coverage on Cohance Lifesciences with a "Buy" rating and a price target of Rs 1,150, citing structural tailwinds.
Cohance Lifesciences, formerly Suven Pharmaceuticals, is an innovator-focused global CRDMO formed through the merger of Cohance Life Sciences into Suven Pharmaceuticals.
On consolidated basis, the company's net profit (adjusted) s...
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