COHANCENSECohance Lifesciences Limited· Pharmaceuticals & BiotechnologyHighNeutral
Announced Wed, 7 May, 2025 · 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 PDFExplain 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
-1.2%Reaction day
₹1102.00
prior close
₹1094.20
announcement price
In-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.2%-2.4% vs market
Pharmaceuticals peers, median of 146sector+0.5%-1.7% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Smallcap 250 and 1.7 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
5m
+0.4
10m
+0.7
15m
+0.5
30m
+0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.2+1.2-2.4+0.5-1.7
Next day
-3.9-0.0-3.9-0.4-3.4
2d
-2.3-0.7-1.6-0.8-1.5
3d
-3.4+3.3-6.7+2.5-5.9
4d
-1.8+4.2-6.0+3.2-5.0
5d
-2.3+5.6-7.9+3.8-6.1
1w
-2.2+8.1-10.2+5.0-7.2
15d
+0.9+10.0-9.1+7.5-6.6
1m
-6.7+15.4-22.1+6.0-12.8
2m
-7.7+16.8-24.5+8.5-16.3
3m
-14.5+10.4-24.9+5.4-19.9
UpDownMarket · Nifty Smallcap 250Sector · Pharmaceuticals peers, median of 146Pending

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

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.