Promoter encumbrance reasons disclosed under SEBI SAST regulations
COHANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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BSE has received a disclosure from the promoter of Cohance Lifesciences Ltd detailing the reasons for encumbrance (pledge) on the promoters shares, filed under Regulation 31(1) read with Regulation 28(3) of the SEBI SAST Regulations, 2011. Such disclosures are mandatory when promoters create, modify, or release pledges on their holdings, explaining the purpose and financial context.
Monitor the detailed filing for pledge quantum and reason. Invocation or large new pledges can pressure the stock, while releases are neutral to positive.