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 ('Tineta')
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 'SeQuent Scientific Limited Employees Stock Option Plan, 2020' (ESOP Scheme), subject to approval of the shareholders.
4. Postal Ballot notice.
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