StockWatch
·
Pharmaceuticals
Shareholding11 Nov 2026, 07:21 pm

Cohance Lifesciences: Jasti Property Sells 1.33% Stake

AI Summary

Cohance Lifesciences Limited has received a revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Jasti Property and Equity Holdings Private Limited, acting as the sole Trustee of the Jasti Family Trust, sold 51,00,000 shares, representing 1.33% of the total share capital. This sale was conducted via inter-se transfer through block deals on November 9-11, 2026. Following the transaction, Jasti Property's holding decreased from 2.51% to 1.18% (total share capital) and from 2.37% to 1.11% (total diluted voting capital). The total holding of the acquirer and PACs before the transaction was 6.36% (total share capital) and 5.99% (total diluted voting capital), and after the transaction, it remains 6.36% (total share capital) and 5.99% (total diluted voting capital) due to an increase in the holding of Jasub Property Holdings LLP.

Key Highlights

  • Jasti Property and Equity Holdings sold 1.33% stake in Cohance Lifesciences.
  • Transaction involved 51,00,000 shares via inter-se transfer block deals.
  • Holding of Jasti Property reduced from 2.51% to 1.18%.
  • Total acquirer and PAC holding remains 6.36% post-transaction.
  • Disclosure filed under SEBI SAST Regulations, 2011.