Encumbrance created on 57.49% shares via offshore loan facility

Pledge Above 50pctOwnership Changes View source PDF Explain this filing

COHANCE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹414.10

prior close

₹405.50

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.6%-2.5% vs market

Pharmaceuticals peers, median of 160sector+0.4%-2.3% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Smallcap 250 and 2.3 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.1

15m

+0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9+0.6-2.5+0.4-2.3

Next day

-2.4+1.3-3.8+0.5-3.0

+10.4+0.8+9.6+1.7+8.7

+11.1+1.0+10.1+1.7+9.4

+10.3+0.5+9.7+0.9+9.3

+8.7+0.0+8.6+1.5+7.2

+8.9+1.1+7.8+2.7+6.2

15d

+8.3+3.2+5.1+4.1+4.2

+8.5+2.3+6.1+4.0+4.5

+7.4+3.5+3.9+2.0+5.4

+10.6+3.8+6.9+7.7+3.0

UpDownMarket · Nifty Smallcap 250Sector · Pharmaceuticals peers, median of 160Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CSC Global Capital Markets, acting as agent for lenders (Barclays, Deutsche Bank, BNP Paribas, MUFG, Standard Chartered), disclosed creation of encumbrance over 21.99 crore shares (57.49%) of Cohance Lifesciences. Promoter entities Berhyanda (33.34%) and Jusmiral Holdings (24.15%) availed term loans under a Facility Agreement dated June 11, 2026, effective June 16, 2026. The pledge is indirect, via 100% shares of the Borrowers pledged by their shareholders, with restrictions on disposal of the Cohance shares.

Likely market impact

Majority promoter stake now encumbered via offshore loan covenants. Restricts share disposal and signals leverage taken by promoters. Monitor for default risk.