Jeevan Scientific Technology Executive Director Sells 1,00,000 Shares in Off-Market Transaction

1 min read     Updated on 31 Mar 2026, 09:49 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Jeevan Scientific Technology Limited disclosed that Executive Director Nageswar Rao Yarlagadda sold 1,00,000 equity shares through an off-market transaction, reducing his shareholding from 1,33,900 shares (0.67%) to 33,900 shares (0.17%). The transaction was completed on March 27, 2026, with regulatory disclosure filed on March 30, 2026, under SEBI Takeover Regulations.

powered bylight_fuzz_icon
36448621

*this image is generated using AI for illustrative purposes only.

Jeevan Scientific Technology Limited has disclosed a significant share transaction by its Executive Director under SEBI takeover regulations. The company filed the mandatory disclosure on March 30, 2026, following an off-market share sale by a key executive.

Share Transaction Details

Executive Director Nageswar Rao Yarlagadda sold 1,00,000 equity shares of the company through an off-market transaction on March 27, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Parameter: Details
Seller: Nageswar Rao Yarlagadda (Executive Director)
Number of Shares Sold: 1,00,000
Transaction Mode: Off Market
Transaction Date: March 27, 2026
Disclosure Date: March 30, 2026

Shareholding Changes

The transaction resulted in a significant reduction in Yarlagadda's stake in the company. His shareholding decreased from 1,33,900 shares to 33,900 shares following the sale.

Shareholding Details: Before Transaction After Transaction Change
Number of Shares: 1,33,900 33,900 -1,00,000
Percentage Holding: 0.67% 0.17% -0.50%
Voting Rights: 0.67% 0.17% -0.50%

Company Capital Structure

The company's equity share capital structure remained unchanged following the transaction. Jeevan Scientific Technology Limited maintains its total equity share capital at Rs. 19,91,89,650, divided into 1,99,18,965 fully paid-up equity shares of Rs. 10 each.

Regulatory Compliance

The disclosure was filed with BSE Limited, where the company's shares are listed. The Executive Director submitted a formal letter to the exchange along with the prescribed form under Regulation 29(2) of SEBI Takeover Regulations. The seller confirmed that he does not belong to the promoter or promoter group category. The documentation was signed and submitted from Hyderabad on March 30, 2026, ensuring full compliance with regulatory requirements.

Historical Stock Returns for Jeevan Scientific Technology

1 Day5 Days1 Month6 Months1 Year5 Years
+0.78%-2.49%-6.45%+84.29%+60.65%+3.86%

What strategic factors might have motivated the Executive Director to reduce his stake by 75% in Jeevan Scientific Technology?

How could this significant insider selling impact investor confidence and the company's stock price in the near term?

Will Jeevan Scientific Technology need to restructure its executive compensation or equity incentive programs following this stake reduction?

Jeevan Scientific Technology
View Company Insights
View All News
like15
dislike

Jeevan Scientific Technology Receives US FDA Remote Regulatory Assessment Report

1 min read     Updated on 22 Jan 2026, 06:02 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Jeevan Scientific Technology Limited announced the successful closure of US FDA Remote Regulatory Assessment and issuance of assessment report for its Hyderabad clinical pharmacology facility. The FDA review covered the period from October 17 to November 6, 2025, following the company's earlier disclosure in November 2025. This regulatory milestone demonstrates the company's commitment to international compliance standards in pharmaceutical operations.

powered bylight_fuzz_icon
30630724

*this image is generated using AI for illustrative purposes only.

Jeevan Scientific Technology Limited has announced the successful completion of the US FDA Remote Regulatory Assessment process and the issuance of the corresponding assessment report. The company informed the BSE through a regulatory filing dated January 22, 2026, marking a significant milestone in its regulatory compliance journey.

FDA Assessment Details

The US FDA conducted a comprehensive Remote Regulatory Assessment and Remote Record Review of the company's clinical pharmacology facility. The assessment covered studies conducted over a specific period and involved detailed scrutiny of the company's operations and compliance standards.

Assessment Parameter: Details
Assessment Type: Remote Regulatory Assessment/Remote Record Review
Review Period: October 17, 2025 to November 6, 2025
Facility Location: B-17, TIE Phase II, Balanagar, Hyderabad 500037, Telangana
Facility Type: Clinical Pharmacology Facility
Report Status: Issued by US FDA

Regulatory Compliance Update

This announcement represents the conclusion of a regulatory process that began earlier in 2025. The company had previously disclosed the commencement of this FDA assessment on November 7, 2025, keeping stakeholders informed throughout the process.

The successful completion of the FDA assessment demonstrates the company's commitment to maintaining international regulatory standards. The Remote Regulatory Assessment Report serves as official documentation of the FDA's review findings regarding the company's clinical pharmacology operations.

Corporate Communication

The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring transparency with investors and regulatory authorities. Managing Director Krishna Kishore Kuchipudi signed the official communication, emphasizing the importance of this regulatory milestone for the organization.

The company's proactive approach to regulatory compliance and transparent communication with exchanges reflects its commitment to maintaining high operational standards in the pharmaceutical sector.

Historical Stock Returns for Jeevan Scientific Technology

1 Day5 Days1 Month6 Months1 Year5 Years
+0.78%-2.49%-6.45%+84.29%+60.65%+3.86%
Jeevan Scientific Technology
View Company Insights
View All News
like15
dislike

More News on Jeevan Scientific Technology

1 Year Returns:+60.65%