Corporate News     14-Feb-13
Sequent Scientific to issue warrants
On preferential basis
The board of Sequent Scientific in its meeting on 14 February 2013 has approved issue of upto 27,50,000 warrants on preferential basis to the promoters/ promoter group, subject to shareholders' approval and necessary regulatory approvals.

The warrants will be convertible into equivalent number of equity shares of Rs 10 each and will be issued at a price not lower than the price specified in chapter VII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and on such further terms and conditions specified in the said guidelines.

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