Suven Life Sciences Allots 3,17,68,764 Equity Shares on Preferential Basis

Suven Life Sciences Ltd has allotted 3,17,68,764 equity shares of Rs.1/- each to Jasti Property and Equity Holdings Private Limited at an issue price of Rs. 134/- per share on preferential basis. This allotment is pursuant to the conversion of 3,17,68,764 fully paid warrants. The company has received the entire consideration amount of Rs. 425,70,14,376/- from the allottee. The paid-up equity share capital of the company stands increased to Rs. 26,37,20,583/- consisting of 26,37,20,583 fully paid-up equity shares of Rs. 1/- each.