Announced Mon, 20 Jul · 19:35 IST
Promoter group stake diluted from 70.08 to 65.47 percent at Suven Life Sciences
Ownership Changes View source PDF
SUVEN · 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
-4.8%1-day move
₹338.00
prior close
₹337.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3-0.4-0.7-0.7-4.8-6.1-6.5-7.7-12.7—————
Up moveDown movePending
AI summary
Jasti Property and Equity Holdings, promoter and trustee of Jasti Family Trust, with PACs disclosed their stake in Suven Life Sciences diluted from 70.08 percent to 65.47 percent of voting capital. No shares were bought or sold. Dilution came from the company allotting 2.72 lakh shares via ESOPs and 1.86 crore shares on preferential warrant conversion by non-promoters. Total shares rose from 26.39 crore to 28.26 crore.
Likely market impact
Passive dilution only, no promoter selling. Promoter retains a strong 65.47 percent majority stake. Mild dilution from ESOPs and warrant conversion.