COHANCENSECohance Lifesciences LimitedHighNeutral
Announced Wed, 7 May · 11:34 IST

Suven Pharmaceuticals Limited has informed the Exchange that the name has been changed to Cohance Lifesciences Limited

Nclt Scheme FiledStrategic Transactions View source PDF

COHANCE · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Suven Pharmaceuticals Limited has officially changed its name to Cohance Lifesciences Limited, effective May 7, 2025, with the Ministry of Corporate Affairs (MCA) issuing a fresh Certificate of Incorporation. The name change is the final step of a Scheme of Amalgamation, approved by the NCLT Mumbai bench on March 27, 2025, under which Cohance Lifesciences Limited (the transferor company) was merged into Suven Pharmaceuticals Limited (the transferee company). The company will apply separately to BSE and NSE to update the company name on the stock exchanges. The existing BSE scrip code (543064) and NSE symbol (SUVENPHAR) currently remain the same, though the stock symbol is likely to be revised later.

Likely market impact

Shareholders automatically become shareholders of Cohance Lifesciences Limited without any action required; there is no change in shareholding pattern or share count. The stock may see short-term volatility or trading glitches when the new name and symbol take effect on exchanges, but the underlying business and financials remain unchanged. Investors should update their records and watch for the revised trading symbol in upcoming exchange circulars.