CA Hull Investments Acquires 31.20% Stake in Sequent Scientific via Amalgamation
CA Hull Investments has acquired a substantial 31.20% stake in Sequent Scientific through a composite scheme of amalgamation that became effective on December 16, 2025. The Mauritius-based entity received 13,61,60,231 equity shares through the approved share exchange ratio of 56:100 and has become part of the promoter group. The acquisition has significantly transformed Sequent Scientific's capital structure, expanding total equity shares from 25.41 crores to 43.60 crores, while CA Harbor Investments' stake was diluted from 52.33% to 30.20% post-merger.

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Sequent Scientific has witnessed a major ownership restructuring as CA Hull Investments acquired a substantial 31.20% stake through the composite scheme of amalgamation that became effective on December 16, 2025. The acquisition marks a significant milestone in the company's transformation following the completion of its amalgamation with Viyash Life Sciences and other entities.
Major Stake Acquisition Details
CA Hull Investments received 13,61,60,231 equity shares of Sequent Scientific through the share exchange mechanism established under the amalgamation scheme. The acquisition was executed based on the approved share exchange ratio and has resulted in CA Hull Investments becoming part of the promoter group, while CA Harbor Investments, acting as persons in concert, holds 30.20% stake.
| Acquisition Parameters: | Details |
|---|---|
| Shares Acquired: | 13,61,60,231 equity shares |
| Face Value: | ₹2.00 per share |
| Ownership Percentage: | 31.20% of total paid-up capital |
| Exchange Ratio: | 56:100 (Sequent:Viyash) |
| Acquisition Date: | December 16, 2025 |
| New Status: | Part of promoter group |
The acquisition was completed through allotment pursuant to the composite scheme of amalgamation involving multiple entities including Viyash Life Sciences Private Limited, Symed Labs Limited, Vandana Life Sciences Private Limited, Appcure Labs Private Limited, Vindhya Pharma (India) Private Limited, S.V. Labs Private Limited, Vindhya Organics Private Limited, Geninn Life Sciences Private Limited, and Sequent Research Limited.
Capital Structure Transformation
The amalgamation scheme has significantly altered Sequent Scientific's capital structure, with the total equity share capital expanding substantially to accommodate the new shareholding pattern. Following the merger, CA Harbor Investments' shareholding was diluted from 52.33% pre-merger to 30.20% post-merger.
| Capital Structure Changes: | Before Acquisition | After Acquisition |
|---|---|---|
| Total Equity Shares: | 25,41,12,649 shares | 43,60,34,463 shares |
| Share Capital Value: | ₹50.82 crores | ₹87.21 crores |
| Diluted Share Capital: | Not applicable | 48,23,24,681 shares |
| Diluted Capital Value: | Not applicable | ₹96.46 crores |
Regulatory Compliance and SEBI Disclosure
CA Hull Investments, based in Mauritius and operating through designated directors, has fulfilled all regulatory disclosure requirements under SEBI Takeover Regulations. The company filed the mandatory disclosure under Regulation 10(6) on December 17, 2025, one day after the share allotment completion. The acquisition is exempt from open offer obligations under Regulation 10(1)(d)(ii) of SEBI Takeover Regulations as it was executed through a tribunal-approved amalgamation scheme.
| Regulatory Details: | Information |
|---|---|
| NCLT Approval Date: | November 18, 2025 |
| Share Allotment Date: | December 16, 2025 |
| Disclosure Filing Date: | December 17, 2025 |
| Regulatory Framework: | SEBI Takeover Regulations 10(6) |
| Open Offer Exemption: | Regulation 10(1)(d)(ii) |
The acquisition represents a strategic consolidation within the pharmaceutical sector, with CA Hull Investments now holding significant influence in Sequent Scientific's operations and strategic direction. The transaction was executed without any encumbrances, pledges, or non-disposal undertakings, providing clear ownership rights to the acquiring entity. CA Hull Investments is represented by director Purnima Boyjonauth Bhogun and operates through Apex Fund Corporate Services (Mauritius) Ltd.
Historical Stock Returns for Sequent Scientific
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.46% | +0.31% | -16.54% | +11.82% | +15.24% | +31.57% |









































