Promoter encumbrance of 57.49% shares released after notes repayment

Pledge releasedPromoter pledge above 50%Ownership 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

+0.0

15m

+0.1

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

Encumbrance over 21,99,30,170 shares (57.49 percent of share capital) of Cohance Lifesciences held by promoters Berhyanda (33.34 percent) and Jusmiral Holdings (24.15 percent) has been fully released effective June 16, 2026. The release followed full repayment of notes issued under a May 2024 Notes Purchase Agreement. The encumbrance was indirect, created via covenants and offshore pledge agreements on the promoter holding entities, not directly on company shares.

Likely market impact

Positive for shareholders: promoter shares freed from encumbrance, reducing pledge risk and signalling improved financial flexibility after debt repayment.