Abakkus Mutual Fund decreased its stake in Suven Life Sciences from 1.13% to 1.00%, selling 168,636 shares. The value of the sold shares is approximately ₹5.49 Cr, calculated at the last closing price of ₹325.90 apiece.
A clinical-stage biopharmaceutical company engaged in the acquisition, development, and commercialization of novel therapeutics for treating neurodegenerative disorders. Suven Life Sciences operates across research, analytics, and technology platforms to advance its pipeline of investigational drugs targeting diseases affecting the nervous system. The company focuses on bringing innovative treatment solutions to patients suffering from neurological conditions through rigorous clinical development processes.
AMC arm of Abakkus Asset Manager, founded by Sunil Singhania, former CIO of Reliance Mutual Fund who oversaw the equity book when it was India's largest. Launched its maiden Flexi Cap Fund in December 2025, raising Rs 2,468 crore in the NFO alone, and crossed Rs 5,000 crore within months. The MF licence brings Sunil Singhania's quality small and midcap compounding philosophy to all retail investors.
