BSECompany Update5d ago · 11 Aug 2026, 12:33 pm
Monitoring Agency Report for the quarter ended 30th June, 2026
Suven Life Sciences Ltd · 530239
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Suven Life Sciences Ltd received a Monitoring Agency Report from Crisil Ratings Limited for the quarter ended June 30, 2026, regarding the utilization of proceeds of the Preferential Issue of the company.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Suven Life Sciences Ltd - 530239 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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SUVEN®
Life Sciences
CSD/BM/SE/2026-27
Date: August 11, 2026
To To
Department of Corporate Services Listing Department
BSE Limited National Stock Exchange of India Limited
25th Floor, P. J. Towers, Exchange Plaza, Bandra Kurla Complex
Dalal Street, Mumbai - 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 530239 Scrip Symbol: SUVEN
Dear Sir/Madam,
Sub: Monitoring Agency Report for the quarter ended June 30, 2026
Pursuant to Regulation 162A of Securities and Exchange Board of India (Issue of Capital and
Disclosure Requirement) Regulations, 2018 and Regulation 32 (6) of Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please
find enclosed herewith the Monitoring Agency (MA) Report issued by CRISIL Ratings Limited
for the quarter ended June 30, 2026, regarding utilization of proceeds of the Preferential Issue
of the Company.
This is for your information and records.
Thanking you.
Yours faithfully,
For Suven Life Sciences Limited
K. Sangeetha Laxmi
Company Secretary and Compliance officer
Encl: as above
Suven Life Sciences Limited
Registered Office: 8-2-334 I SDE Serene Chambers I 6th Floor Road No.5 I Avenue 7
Banjara Hills I Hyderabad – 500 034 I Telangana I India I CIN: L24110TG1989PLC009713
Tel: 91 40 2354 1142/ 1152 Email: info@suven.com website: www.suven.com
Crisil
Ratings
Monitoring Agency Report
for Suven Life Sciences Limited
for the quarter ended
June 30, 2026
Crisil Ratings Limited
Corporate Identity Number: U671 OOMH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai-400 072. India
Phone: +91 22 6137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
CRL/MAR/ SUVPHAR/2026-27/1909
August 10, 2026
Suven Life Sciences Limited
8-2-334, SDE Serene Chambers Road, Road No. 5,
Avenue 7, Banjara Hills, Hyderabad–500034
Dear Sir,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential Issue of Suven
Life Sciences Limited (“the Company”)
Pursuant to Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI
ICDR Regulations”) and Monitoring Agency Agreement dated May 15, 2025, enclosed herewith the Monitoring
Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR
Regulations towards utilization of proceeds of Preferential Issue for the quarter ended June 30, 2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Crisil Ratings Limited
Shounak Chakravarty
Director, Ratings (LCG)
Crisil Ratings Limited
Corporate Identity Number: U671 OOMH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai-400 072. India
Phone: +91 22 6137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
Report of the Monitoring Agency (MA)
Name of the issuer: Suven Life Sciences Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: Not applicable
(b) Range of Deviation: Not applicable
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the
issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and
reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/
statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no
responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do
not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this
report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the
agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the
Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains
and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive
any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the
issuer.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable.
There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the
Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer
and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA
takes no responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Shounak Chakravarty
Designation of Authorized person/Signing Authority: Director, Ratings (LCG)
Crisil Ratings Limited
Corporate Identity Number: U671 OOMH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai-400 072. India
Phone: +91 22 6137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
1) Issuer Details:
Name of the issuer: Suven Life Sciences Limited
Names of the promoter: a. Venkateswarlu Jasti
b. Sudharani Jasti
Industry/sector to which it belongs: Pharmaceuticals
2) Issue Details
Issue Period: June 21, 2025 to June 30, 2025
Type of issue (public/rights): Preferential Issue
Type of specified securities: Convertible Warrants
Grading, if any: NA
Issue size: Rs 85,764.02 lakhs*
Preferential Issue size comprises of convertible warrants of
Rs 85,764.02 lakhs.
*Crisil Ratings shall be monitoring the issue proceeds amount.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of information/
certifications Comments of Comments
considered by the of the
Particulars Reply
Monitoring Agency Monitoring Board of
for preparation of Agency Directors
report
Proceeds were
Management
utilized
undertaking, Statutory
towards
Auditor Certificate^,
objects
Whether all utilization is as per the disclosures Notice to shareholders No
Yes disclosed in
in the Offer Document? dated May 14th, 2025, Comments
the notice to
Corrigendum to notice
shareholders
dated 28th May 2025,
dated May
Bank Statements
14th, 2025.
Crisil Ratings Limited
Corporate Identity Number: U671 OOMH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai-400 072. India
Phone: +91 22 6137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
Whether shareholder approval has been
obtained in case of material deviations from No
NA No Comments
expenditures disclosed in the Offer Comments
Document?
Whether the means of finance for the disclosed No
NA No Comments
objects of the issue has changed? Comments
Is there any major deviation observed over the No
NA No Comments
earlier monitoring agency reports? Comments
Whether all Government/statutory approvals No
NA No Comments
related to the object(s) have been obtained? Management Comments
undertaking,
Statutory Auditor
Certificate^
Whether all arrangements pertaining to
technical assistance/collaboration are in NA No Comments
Comments
operation?
Are there any favorable events improving the No
No No Comments
viability of these object(s)? Comments
Are there any unfavorable events affecting the No
No No Comments
viability of the object(s)? Comments
Is there any other relevant information that
may materially affect the decision making of No No Comments
Comments
the investors?
NA represents Not Applicable
^Certificate dated July 21, 2026, issued by M/s K
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