Sequent Scientific allots 852700 Equity Shares on conversion of warrants

Sequent Scientific Ltd has allotted 852,700 fully paid equity shares of Rs. 10/- each against conversion of 852,700 warrants at a price of Rs. 172.00 to the promoter group.

Consequent to the allotment, the paid up equity share capital of the Company has increased from Rs. 241,951,910 consisting of 24,195,191 equity shares of Rs. 10/- each to Rs. 250,478,910 consisting of 25,047,891 equity shares of Rs. 10/- each.

Shares of Sequent Scientific Ltd was last trading in BSE at Rs.87.05, down by Rs.0.65 or 0.74%. The stock hit an intraday high of Rs.90 and low of Rs.84.55.

The total traded quantity was 7699 compared to 2 week average of 10536.

Source : Equity Bulls

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