Suven Pharmaceuticals, the demerged CRAMS business of Suven Life Sciences is scheduled to list on Stock Exchanges tomorrow, 9th March 2020.
Suven Pharmaceuticals shares should reflect in your demat account in same quantity as you held in Suven Life Sciences as on record date. If not, you must contact your broker/DP.
The investment thesis is intact, and we continue to like the business quality and growth prospects.
The rating (buy or hold) will be based on the valuation it lists at and we will notify regarding the same. For now, keep holding the existing quantity.
Source: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200305-52