Sequent Scientific Allots 1 Lakh Equity Shares Under ESOP 2020 Scheme

1 min read     Updated on 30 Dec 2025, 03:27 PM
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Radhika SScanX News Team
Overview

Sequent Scientific Limited allotted 1,00,000 equity shares under ESOP 2020 scheme on December 30, 2025, at ₹86 per share to eligible employees. The allotment increased the company's paid-up capital from ₹87.21 crores to ₹87.23 crores, raising total equity shares from 43.60 crore to 43.61 crore shares.

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Sequent Scientific Limited has announced the allotment of 1,00,000 equity shares under its Employee Stock Option Plan 2020 (SeQuent ESOP 2020) scheme. The Nomination and Remuneration Committee approved this allotment through a resolution passed by circulation on December 30, 2025.

ESOP Allotment Details

The company has issued equity shares to eligible employees under the following terms:

Parameter: Details
Number of Shares: 1,00,000 equity shares
Face Value: ₹2 per share
Exercise Price: ₹86 per share
Allotment Date: December 30, 2025
Scheme: SeQuent ESOP 2020

The newly allotted equity shares will rank pari passu in all respects with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.

Impact on Share Capital

The allotment has resulted in an increase in the company's issued and paid-up equity share capital:

Metric: Before Allotment After Allotment
Paid-up Capital: ₹87,20,68,952 ₹87,22,68,952
Total Equity Shares: 43,60,34,476 shares 43,61,34,476 shares
Face Value per Share: ₹2 ₹2

The increase represents a marginal expansion of 0.023% in the total number of outstanding equity shares.

Corporate Governance

The allotment was executed following proper corporate governance procedures, with the Nomination and Remuneration Committee exercising its authority to approve the issuance. Company Secretary and Compliance Officer Yoshita Vora signed the regulatory filing, ensuring compliance with stock exchange requirements.

The company has duly informed both BSE Limited (Scrip code: 512529) and National Stock Exchange of India Limited (Symbol: SEQUENT) about this corporate action for their records and necessary market updates.

Historical Stock Returns for Sequent Scientific

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-5.46%-7.63%+8.60%+18.94%+21.70%
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Sequent Scientific VP Ashish Kakabalia Resigns From Senior Management

1 min read     Updated on 23 Dec 2025, 06:45 PM
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Reviewed by
Suketu GScanX News Team
Overview

Sequent Scientific has announced the immediate resignation of VP Ashish Kakabalia from his senior management position in Business Development and Formulation, effective December 23, 2025. The company filed the necessary regulatory disclosures with BSE and NSE under SEBI Listing Regulations, with the resignation being described as mutually agreed upon.

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Sequent Scientific has announced the resignation of VP Ashish Kakabalia from his senior management position, effective December 23, 2025. The pharmaceutical company submitted the resignation intimation to BSE and NSE under Regulation 30 of SEBI Listing Regulations.

Executive Departure Details

Kakabalia served as Vice President - Business Development and Formulation and was designated as Senior Management Personnel. His resignation letter was dated December 23, 2025, making the departure effective immediately.

Parameter: Details
Executive Name: Ashish Kakabalia
Position: VP - Business Development and Formulation
Designation: Senior Management Personnel
Resignation Date: December 23, 2025
Effective Date: Immediate

Regulatory Compliance

The company filed the resignation intimation with both stock exchanges as required under SEBI regulations. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, with the requisite documentation submitted to BSE (Scrip Code: 512529) and NSE (Scrip Code: SEQUENT).

Company Communication

The resignation letter was addressed to CEO Rajaram Narayanan of Alivira Animal Health Ltd. In his resignation communication, Kakabalia mentioned that the decision was made as per mutual discussion and understanding, expressing gratitude and best wishes to the company and its employees.

The pharmaceutical company confirmed that the resignation was processed according to regulatory requirements, with Company Secretary and Compliance Officer Yoshita Vora handling the formal disclosure procedures.

Historical Stock Returns for Sequent Scientific

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-5.46%-7.63%+8.60%+18.94%+21.70%
Sequent Scientific
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