Sequent Scientific Allots 1 Lakh Equity Shares Under ESOP 2020
Sequent Scientific Limited has announced the allotment of 1,00,000 equity shares of Rs. 2 each, fully paid, to eligible employees. These shares were issued at an exercise price of Rs. 86 per equity sh...
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Why is Sequent Scientific Limited in the news today?
Sequent Scientific Limited (SEQUENT) is in the news due to the announcement is a routine allotment of shares under an employee stock option plan, which is a standard corporate action and does not inherently indicate a positive or negative change in the company's financial performance or outlook.
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Sequent Scientific Allots 1 Lakh Equity Shares Under ESOP 2020
December 30, 2025, 09:52 AM
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Sequent Scientific Limited has announced the allotment of 1,00,000 equity shares of Rs. 2 each, fully paid, to eligible employees. These shares were issued at an exercise price of Rs. 86 per equity share under the Sequent Scientific Limited Employee Stock Option Plan 2020 (SeQuent ESOP 2020).
The Nomination and Remuneration Committee of the Company approved this issue and allotment via a resolution passed by circulation on December 30, 2025. The newly allotted equity shares will rank pari passu in all respects with the existing equity shares of the Company.
Following this allotment, the issued and paid-up equity share capital of Sequent Scientific Limited will increase from Rs. 87,20,68,952, comprising 43,60,34,476 equity shares of Rs. 2 each, to Rs. 87,22,68,952, comprising 43,61,34,476 equity shares of Rs. 2 each.
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