Announced Sat, 4 Jul · 10:34 IST
Supriya Lifescience GM in judicial custody over NDPS proceedings
SUPRIYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-14.2%1-day move
₹979.00
prior close
₹932.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7-0.7-0.6-0.7-14.2-11.6-10.5-12.6-13.4-12.8-13.6———
Up moveDown movePending
AI summary
Supriya Lifescience told exchanges that its General Manager of Sales and Marketing, Mr. Sreekant Sreedharan, has been taken into judicial custody till July 17, 2026. The Customs Departments Special Investigation branch initiated proceedings under the NDPS Act, 1985 over an alleged procedural lapse in a single export transaction. The company says the matter will not materially impact its operations, finances, or governance, and is obtaining legal advice.
Likely market impact
Limited financial impact expected, but negative near-term sentiment possible as legal proceedings unfold.