Suven's potential 90.1% foreign investment surpasses the 74% FDI limit in brownfield projects.
Cabinet approves Berhyanda's investment for a potential 76.1% stake in Suven Pharma.
Cyprus-based Berhyanda, managed by Advent Funds, is set to acquire a majority stake.
Thorough scrutiny by relevant departments, RBI, and SEBI leads to approval.
Shares surge over 6% post-CCEA approval, trading higher at Rs 542.75.
Advent's entry signifies a transformative phase for Suven Pharma's strategic positioning.