Sequent Scientific allots warrants to promoters, promoter Group on preferential Basis

Pursuant to the resolution passed by the shareholders of Sequent Scientific Ltd at the Extraordinary General Meeting held on July 01, 2014, the Company on July 11, 2014 has allotted 3,000,000 warrants at a price of Rs. 236.00 per warrant (including a premium of Rs. 226.00 per warrant) convertible into 3,000,000 equity shares of Rs. 10/- to the Promoter Group entities.

Shares of SEQUENT SCIENTIFIC LTD. was last trading in BSE at Rs.366 as compared to the previous close of Rs. 348.6. The total number of shares traded during the day was 4732 in over 101 trades.

The stock hit an intraday high of Rs. 366 and intraday low of 345. The net turnover during the day was Rs. 1715461.

Source : Equity Bulls

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