Jeevan Scientific Technology Completes US FDA Remote Evaluation Successfully

1 min read     Updated on 08 Nov 2025, 08:34 AM
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Overview

Jeevan Scientific Technology Limited successfully completed a Remote Interactive Evaluation (RIE) by the US FDA for its Clinical Pharmacology facility. The evaluation, conducted from October 17 to November 6, 2025, covered BA/BE studies, operations, systems, and procedures, concluding with no critical observations. This outcome demonstrates the company's adherence to regulatory standards and may enhance its credibility in the pharmaceutical research sector.

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

Jeevan Scientific Technology Limited recently announced the successful completion of a Remote Interactive Evaluation (RIE) conducted by the United States Food and Drug Administration (US FDA). The evaluation, which took place from October 17, 2025 to November 6, 2025, focused on the company's Clinical Pharmacology facility.

Evaluation Scope and Outcome

The US FDA's evaluation encompassed several key areas:

  • BA/BE studies
  • Operations
  • Systems
  • Procedures

Notably, the RIE concluded with no critical observations, marking a significant achievement for Jeevan Scientific Technology.

Implications for the Company

The successful completion of this evaluation without any critical observations is a positive development for Jeevan Scientific Technology. It demonstrates the company's commitment to maintaining high standards in its clinical pharmacology operations and adherence to regulatory requirements.

This outcome may potentially:

  • Enhance the company's credibility in the pharmaceutical research sector
  • Strengthen its position for future collaborations or contracts
  • Provide reassurance to stakeholders about the quality of the company's operations

It's important to note that this evaluation is a routine part of regulatory oversight in the pharmaceutical industry. The company will likely continue to be subject to periodic evaluations to ensure ongoing compliance with FDA standards.

Stakeholders may view this development as part of Jeevan Scientific Technology's ongoing efforts to maintain regulatory compliance and operational excellence in its field of clinical pharmacology research.

Historical Stock Returns for Jeevan Scientific Technology

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Padmaja Private Trust Acquires 7.53% Stake in Jeevan Scientific Technology

2 min read     Updated on 18 Oct 2025, 12:45 PM
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Reviewed by
Shriram SScanX News Team
Overview

Padmaja Private Trust has acquired a substantial 7.53% stake in Jeevan Scientific Technology Limited through preferential allotment of 15 lakh equity shares worth Rs 6 crore. The acquisition, completed on January 2, 2026, triggered SEBI disclosure requirements under Regulation 29(1) as the trust crossed the substantial acquisition threshold. This forms part of the company's successful Rs 30.74 crore capital raising initiative, which will fund expansion plans including API/formulation unit acquisitions and working capital requirements.

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

Jeevan Scientific Technology Limited has successfully completed its Rs 30.74 crore capital raising plan through the allotment of convertible warrants and equity shares. The company's board meeting held on January 2, 2026, approved the allotment of securities to promoters and non-promoters following BSE's in-principle approval.

Major Stake Acquisition by Padmaja Private Trust

In a significant development, Padmaja Private Trust has acquired a substantial 7.53% stake in the company through the recent preferential allotment. The acquisition details are as follows:

Parameter: Details
Acquirer: Padmaja Private Trust
Shares Acquired: 15.00 lakh
Stake Percentage: 7.53%
Investment Value: Rs 6.00 crore
Acquisition Mode: Preferential Allotment
Allotment Date: January 2, 2026

This acquisition triggered disclosure requirements under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as Padmaja Private Trust crossed the substantial acquisition threshold.

SEBI Regulatory Compliance

Following the acquisition, Padmaja Private Trust has filed the mandatory disclosure under Regulation 29(1) of SEBI regulations on January 5, 2026. The filing confirms the acquisition details and provides comprehensive information about the trust's holdings:

Parameter: Before Acquisition After Acquisition
Trust Holdings: 0 shares (0%) 15.00 lakh shares (7.53%)
Acquisition Mode: - Preferential Allotment
Allotment Date: - January 2, 2026
Filing Date: - January 5, 2026
Promoter Status: - Non-Promoter

Complete Allotment Details

The board has successfully allotted the planned securities as outlined in their earlier proposal:

Security Type: Quantity Allotted Issue Price (Rs) Amount Raised (Rs Crore)
Convertible Warrants: 35.00 lakh 40.00 14.00
Equity Shares: 40.85 lakh 40.00 16.34
Total Fundraising: 75.85 lakh 40.00 30.34

The allotment was completed pursuant to BSE's in-principle approval granted through Letter Reference No. LOD/PREF/HC/FIP/1377/2025-26 dated December 18, 2025.

Updated Capital Structure

Following the allotment, the company's equity capital structure has been revised:

Parameter: Before Allotment After Allotment
Equity Share Capital: Rs 15.83 crore Rs 19.92 crore
Number of Shares: 1.58 crore 1.99 crore
Face Value per Share: Rs 10.00 Rs 10.00

Fund Utilization and Strategic Plans

The funds raised will be utilized for:

Purpose: Allocation (Rs Crore) Timeline
Capital Expenditure: 5.00 1 Year
Working Capital Requirement: 3.50 1 Year
Subsidiary Working Capital & CapEx: 5.00 1 Year
Acquisition of API/Formulation Units: 10.00 2 Years
General Corporate Purposes: 7.24 1 Year

This successful capital raise and the entry of Padmaja Private Trust as a substantial investor strengthens Jeevan Scientific Technology's financial position and provides the necessary resources for its planned expansion in the healthcare sector, including potential acquisitions and capacity enhancement initiatives.

Historical Stock Returns for Jeevan Scientific Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-8.10%+5.65%+57.38%+34.16%+96.00%
Jeevan Scientific Technology
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