JASUB Property Holdings LLP Acquires 1.83% Stake in Cohance Lifesciences Limited

2 min read     Updated on 20 Feb 2026, 05:13 PM
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Reviewed by
Ashish TScanX News Team
Overview

JASUB Property Holdings LLP acquired 70,00,000 shares (1.83%) of Cohance Lifesciences Limited on February 18, 2026, through inter-se transfer block deals. Combined with persons acting in concert, the group now holds 2,43,26,009 shares representing 6.36% of total share capital. The acquisition was disclosed under SEBI regulations, with the acquirer confirming it is not part of the promoter group.

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

JASUB Property Holdings LLP has acquired a significant stake in Cohance Lifesciences Limited, formerly known as Suven Pharmaceuticals Limited, through a substantial share acquisition completed on February 18, 2026. The acquisition has been disclosed under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeover) Regulations, 2011.

Acquisition Details

The transaction involved the purchase of 70,00,000 equity shares, representing 1.83% of the total share capital and 1.78% of the diluted share capital of Cohance Lifesciences. The acquisition was executed through inter-se transfer via block deals, marking JASUB Property Holdings LLP's entry as a shareholder in the pharmaceutical company.

Parameter Details
Shares Acquired 70,00,000
Percentage of Total Capital 1.83%
Percentage of Diluted Capital 1.78%
Acquisition Date February 18, 2026
Mode of Acquisition Inter-se transfer through Block Deals

Shareholding Pattern Analysis

Prior to this acquisition, JASUB Property Holdings LLP held no shares in Cohance Lifesciences. However, the company operates in concert with several related entities that already held substantial positions in the target company.

Pre-Acquisition Holdings of Persons Acting in Concert

Entity Shares Held Percentage
Jasti Property and Equity Holdings Private Limited 2,51,92,957 6.59%
Mrs. Venkata Subbamma Jasti 6,000 Negligible
Mr. Venkateswarlu Jasti 2,000 Negligible
Mrs. Sudharani Jasti 2,000 Negligible

Post-Acquisition Position

Following the completion of this transaction, the combined holding of JASUB Property Holdings LLP and its persons acting in concert stands at 2,43,26,009 shares, representing 6.36% of the total share capital and 6.20% of the diluted share capital.

Current Shareholding Structure

Shareholder Current Holdings Percentage
JASUB Property Holdings LLP 70,00,000 1.83%
Jasti Property and Equity Holdings Private Limited 1,73,16,009 4.53%
Other PAC Members 10,000 Negligible
Total Combined Holding 2,43,26,009 6.36%

Company Information

Cohance Lifesciences Limited, formerly Suven Pharmaceuticals Limited, is listed on both BSE Limited and National Stock Exchange of India Limited. The company's total equity share capital stands at 38,25,67,140 shares, while the diluted share capital is 39,22,07,995 shares, accounting for potential conversion of outstanding convertible securities.

Regulatory Compliance

The disclosure was filed by V. Lakshmana Rao, Designated Partner of JASUB Property Holdings LLP, in compliance with SEBI regulations governing substantial acquisitions. The acquirer has confirmed that it does not belong to the promoter or promoter group of Cohance Lifesciences Limited. The filing also notes that out of the previously held shares by persons acting in concert, 8,76,948 shares were sold in the open market between September 8, 2025, and January 8, 2026.

Historical Stock Returns for Cohance Lifesciences

1 Day5 Days1 Month6 Months1 Year5 Years
-3.08%-12.93%-26.88%-66.82%-73.67%-37.81%

Jasti Family Trust Reduces Shareholding in Cohance Lifesciences to 6.36%

2 min read     Updated on 20 Feb 2026, 05:11 PM
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Reviewed by
Shriram SScanX News Team
Overview

Jasti Property and Equity Holdings Private Limited, as trustee of Jasti Family Trust, disclosed a reduction in Cohance Lifesciences Limited shareholding from 6.59% to 6.36% through transactions involving 78,76,948 shares on February 18, 2026. The disclosure under SEBI Regulation 29(2) shows the entity and persons acting in concert reduced their combined stake via open market sales and inter-se transfers through block deals. The company's equity capital remained unchanged at 38,25,67,140 shares, with the acquirer confirming non-promoter status.

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

Cohance Lifesciences Limited has received a disclosure under SEBI takeover regulations from Jasti Property and Equity Holdings Private Limited, acting as sole trustee of Jasti Family Trust, regarding changes in shareholding patterns. The disclosure, dated February 20, 2026, was submitted to both NSE and BSE pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeover) Regulations, 2011.

Shareholding Changes Overview

The Jasti Family Trust and its persons acting in concert (PAC) have reduced their combined shareholding in Cohance Lifesciences from 6.59% to 6.36% of the total share capital. The transaction involved 78,76,948 shares, representing 2.06% of the company's total voting capital.

Parameter Before Transaction After Transaction Change
Total Holdings 2,52,02,957 shares 2,43,26,009 shares -8,76,948 shares
Percentage of Total Capital 6.59% 6.36% -0.23%
Percentage of Diluted Capital 6.42% 6.20% -0.22%

Transaction Details

The shareholding reduction was executed through open market transactions and inter-se transfers via block deals on February 18, 2026. According to the disclosure, out of the total 78,76,948 shares involved, 8,76,948 shares (representing 0.23% of total equity) were sold in the open market during the period from September 8, 2025, to January 8, 2026.

Entities Involved

The disclosure covers the following entities and their respective holdings:

Primary Acquirer

  • Jasti Property and Equity Holdings Private Limited (as sole trustee): Reduced from 2,51,92,957 shares (6.59%) to 1,73,16,009 shares (4.53%)

Persons Acting in Concert

  • Mrs. Venkata Subbamma Jasti: 6000 shares (negligible percentage)
  • Mr. Venkateswarlu Jasti: 2000 shares (negligible percentage)
  • Mrs. Sudharani Jasti: 2000 shares (negligible percentage)
  • Jasub Property Holdings LLP: Increased from 0 shares to 70,00,000 shares (1.83%)

Company Capital Structure

Capital Details Number of Shares
Equity Share Capital (Before Transaction) 38,25,67,140
Equity Share Capital (After Transaction) 38,25,67,140
Total Diluted Share Capital 39,22,07,995

The company's equity share capital remained unchanged at 38,25,67,140 shares, while the total diluted share capital stands at 39,22,07,995 shares, assuming full conversion of outstanding convertible securities and warrants.

Regulatory Compliance

The disclosure confirms that the acquirer does not belong to the promoter or promoter group of Cohance Lifesciences Limited. The transaction was conducted in compliance with SEBI regulations, with proper notifications submitted to both stock exchanges where the company's shares are listed - BSE Limited and National Stock Exchange of India Limited.

The disclosure was signed by Venkateswarlu Jasti on behalf of Jasti Property and Equity Holdings Private Limited in its capacity as sole trustee of Jasti Family Trust, with copies provided to the company secretary of Cohance Lifesciences Limited.

Historical Stock Returns for Cohance Lifesciences

1 Day5 Days1 Month6 Months1 Year5 Years
-3.08%-12.93%-26.88%-66.82%-73.67%-37.81%

More News on Cohance Lifesciences

1 Year Returns:-73.67%