NSEGeneral Updates9 Jul 2026 · 9 Jul 2026, 04:34 pm
General Updates
Hester Biosciences Limited · HESTERBIO
✦ AI SummaryDivestiture
Hester Biosciences Limited has transferred its remaining 11% equity shares in Texas Lifesciences Private Limited to existing shareholders for an aggregate consideration of INR 23 million, reducing its shareholding to nil.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk8/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Hester Biosciences Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Sale of Equity Investment in Texas Lifesciences Private Limited
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HESTERBIO_09072026163431_20260709DisclosureonTexasInvestmentsell.pdf
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9 July 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra - Kurla Complex,
Mumbai - 400 001 Bandra (E), Mumbai - 400 051
Scrip Code: 524669 Symbol: HESTERBIO
Dear Sir:
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Sale of Equity Investment in Texas
Lifesciences Private Limited
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended from time to time,
we wish to inform you that the Company has transferred its remaining 543,248 equity shares
representing 11% of the paid-up equity share capital of Texas Lifesciences Private Limited (“TLPL”) to
existing shareholders of TLPL, on 8 July 2026, in accordance with the terms approved by the Board of
Directors of the Company. The transaction has been completed for an aggregate consideration of INR
23 million. Consequent upon the aforesaid transfer, the Company's shareholding in TLPL stands reduced
from 11% to Nil and the Company no longer holds any equity investment in TLPL.
The above information is being submitted pursuant to Regulation 30 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
You are requested to take the above information on your record.
Sincerely,
For Hester Biosciences Limited
Vinod Mali
Company Secretary & Compliance Officer