Sequent Scientific allots shares under ESOP 2020, boosting equity capital

Sequent Scientific Limited’s nomination and remuneration committee approved the allotment of 1,163,301 fully paid equity shares on December 11, 2025. These shares were issued to eligible employees at an exercise price of INR 86/- per equity share, following the exercise of options granted under the SeQuent ESOP 2020. The newly allotted shares will rank pari passu with existing equity shares of the company.

This allotment will increase the company’s issued and paid-up equity share capital. The capital will rise from INR 50,58,98,696/-, comprising 252,949,348 equity shares of INR 2 each, to INR 50,82,25,298/-, consisting of 254,112,649 equity shares of INR 2 each.