Sequent Scientific allots 1504800 Equity Shares

Sequent Scientific Ltd has allotted 1,504,800 fully paid equity shares of Rs. 10/- each against conversion of 1,504,800 warrants at a price of Rs. 172.00 to the entities belonging to the promoter group.

Consequent to the allotment, the paid up equity share capital of the Company has increased from Rs. 252,803,910/- consisting of 25,280,391 equity shares of Rs. 10/- each to Rs. 267,851,910/- consisting of 26,785,191 equity shares of Rs. 10/- each.

Shares of Sequent Scientific Ltd was last trading in BSE at Rs.156.80, down by Rs.1.40 or 0.88%. The stock hit an intraday high of Rs.164.50 and low of Rs.150.40.

The total traded quantity was 5919 compared to 2 week average of 11950.

Source : Equity Bulls

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