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SEQUENT SCIENTIFIC LTD. - Announcement under Regulation 30 (LODR)-Preferential Issue
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07 Nov 2022
Sequent Scientific Limited has informed the Exchange that the Board of Directors of the Company at their meeting held today, have inter alia considered and approved the following: 1. Acquisition of entire 100% stake in Tineta Pharma Private Limited (&apos;Tineta&apos;) 2. Issuance of equity shares of face value Rs. 2/- each fully paid up of the Company for a value of Rs. 65,00,00,000/- (Rupees Sixty-Five Crores only), at a price not lower than the floor price 3. Amendment to &apos;SeQuent Scientific Limited Employees Stock Option Plan, 2020&apos; (ESOP Scheme), subject to approval of the shareholders. 4. Postal Ballot notice.
View all announcements for SEQUENT SCIENTIFIC LTD. Source: BSE India