Announced Fri, 19 Jun · 12:32 IST
Promoters pledge 57.49% of Cohance Lifesciences shares to secure loans
COHANCE · price
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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹414.10
prior close
₹405.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-0.0+0.1-2.4+10.4+11.1+10.3+8.7+8.9+8.3+8.5——
Up moveDown movePending
AI summary
Catalyst Trusteeship, acting as onshore security agent for lenders, disclosed a first-ranking pledge over 219,930,170 equity shares (57.49% of capital) of Cohance Lifesciences. The pledge covers shares held by promoter entities Berhyanda (33.34%) and Jusmiral Holdings (24.15%), securing term loan facilities from Barclays, Deutsche Bank, BNP Paribas, MUFG and Standard Chartered under a June 11 facility agreement. Pledge created June 17, 2026.
Likely market impact
Over half of promoter shares are now pledged as loan security; risk of forced selling rises if borrowers default on obligations.