Cohance Lifesciences promoters, Jusmiral Holdings & Berhyanda Limited, have pledged a major chunk of their shares.

They've encumbered 207,974,582 equity shares (54.36% of total company shares) to secure a new USD 28.5 Cr loan.

This move is to refinance existing debt.

Specifically: * **Jusmiral Holdings:** Pledged 80,434,990 shares (21.02% of TC). * **Berhyanda Limited:** Pledged 127,539,592 shares (33.34% of TC). Beyond direct company shares, the parent companies (Jusmiral Midco & Berhyanda Midco) have also pledged their entire stakes in these promoter entities.

This means lenders have security not just on company shares, but effectively on the promoter group itself.

Investors, keep an eye on promoter pledge levels; a high percentage can signal leverage or potential pressure.