Sequent Scientific has allotted 5,40,000 equity shares under ESOP on 23 November 2024. With this allotment, the paid up equity share capital has increased to Rs. Rs. 50,06,03,990/-consisting of 25,03,01,995 equity shares of Rs. 2/- each.Powered by Capital Market - Live

Sequent Scientific has completed the acquisition of 3.90% stake from Ms. Katarina Agren in N-VET AB through Alivira Animal Health, Ireland, Wholly Owned Subsidiary of the Company. The company also completed the acquisition of 3.75% stake from Renzo Rimondi and 1.25% from Ramon Vila Vina, collectively 5%, in Alivira Italia SRL, through Alivira Animal Health, Ireland, Wholly Owned Subsidiary of the Company. Consequent to the above acquisitions, N-VET AB and Alivira Italia SRL have become Wholly Owned Subsidiaries of the Company.Powered by Capital Market - Live

Sequent Scientific will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

Sequent Scientific has approved the issue and allotment of 120,000 Equity Shares of Rs. 2/- each fully paid to two Employees at an exercise price of Rs. 86/- per equity share on exercise of the options granted to them under SeQuent ESOP 2020. Powered by Capital Market - Live

Sequent Scientific has allotted 60,000 equity shares under ESOP on 16 October 2024. Consequent to the allotment of the aforesaid equity shares, the issued and the paid-up equity share capital of the Company will increase from Rs. 49,91,63,990/-consisting of 249581995 Equity Shares of Rs. 2/- each to Rs. Rs. 49,92,83,990/-consisting of 249641995 Equity Shares of Rs. 2/- each.Powered by Capital Market - Live

Force Motors Ltd, Dynamatic Technologies Ltd, Balrampur Chini Mills Ltd and Shree Renuka Sugars Ltd are among the other gainers in the BSE's 'A' group today, 27 September 2024.Sequent Scientific Ltd spiked 17.44% to Rs 223.6 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 13.31 lakh shares were traded on the counter so far as against the average daily volumes of 2.67 lakh shares in the past one month. Force Motors Ltd soared 7.97% to Rs 7516.15. The stock was the second biggest gainer in 'A' group. On the BSE, 21141 shares were traded on the counter so far as against the average daily volumes of 4192 shares in the past one month. Dynamatic Technologies Ltd surged 7.92% to Rs 7976. The stock was the third biggest gainer in 'A' group. On the BSE, 3071 shares were traded on the counter so far as against the average daily volumes of 2631 shares in the past one month. Balrampur Chini Mills Ltd rose 7.84% to Rs 660.55. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.69 lakh shares were traded on the counter so far as against the average daily volumes of 1.07 lakh shares in the past one month. Shree Renuka Sugars Ltd added 7.83% to Rs 51.89. The stock was the fifth biggest gainer in 'A' group. On the BSE, 61.14 lakh shares were traded on the counter so far as against the average daily volumes of 11.33 lakh shares in the past one month. Powered by Capital Market - Live

Sequent Scientific announced that the Annual General Meeting (AGM) of the company will be held on 17 September 2024.Powered by Capital Market - Live

Sequent Scientific announced its receipt of prequalification (PQ) approval from the World Health Organization (WHO) for Albendazole, Active Pharmaceutical Ingredient (API). This is in partnership with Mepro Pharmaceuticals, who have successfully developed and commercialised the Albendazole Chewable formulation from its WHO PQ approved plant, using our API. Mepro's Chewable formulation is the first global approval of its kind by the WHO PQ. Albendazole is a vital medication used to treat a range of parasitic infections, including tapeworm, roundworm, and hookworm infestations, affecting millions globally, particularly in low and middle income countries. The WHO prequalification recognizes Sequent Scientific's commitment to stringent international standards in the production of Albendazole API, ensuring efficacy, safety, and quality. The WHO prequalification approval validates our manufacturing capabilities and reinforces our dedication to providing high-quality, affordable medicines to those in need worldwide. By leveraging our extensive distribution network and strategic partnerships, the company is poised to make a meaningful impact on health outcomes on a global scale,' said Rajaram Narayanan, MD & CEO of Sequent Scientific.Powered by Capital Market - Live

This is in partnership with Mepro Pharmaceuticals, who have successfully developed and commercialised the Albendazole Chewable formulation from its WHO PQ approved plant, using its API. Mepro's Chewable formulation is the first global approval of its kind by the WHO PQ. Albendazole is a vital medication used to treat a range of parasitic infections, including tapeworm, roundworm, and hookworm infestations, affecting millions globally, particularly in low and middle income countries. Rajaram Narayanan, MD & CEO of Sequent Scientific, said, 'The WHO prequalification approval validates our manufacturing capabilities and reinforces our dedication to providing high-quality, affordable medicines to those in need worldwide. By leveraging our extensive distribution network and strategic partnerships, the company is poised to make a meaningful impact on health outcomes on a global scale.' Sequent Scientific is a global pharmaceutical company specializing in Animal Health. With a strong international presence, the company operates in both API and formulation domains. Their focus lies in addressing unmet market needs for livestock, poultry, and companion animals. The company reported net profit of Rs 6.51 crore in Q1 FY25 as compared with net loss of Rs 34.85 crore in Q1 FY24. Net sales jumped 17.1% YoY to Rs 390.21 crore during the quarter. The counter hit 52-week high at Rs 175 in intraday today.Powered by Capital Market - Live

Net profit of Sequent Scientific reported to Rs 6.51 crore in the quarter ended June 2024 as against net loss of Rs 34.85 crore during the previous quarter ended June 2023. Sales rose 17.11% to Rs 390.21 crore in the quarter ended June 2024 as against Rs 333.21 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales390.21333.21 17 OPM %10.75-2.47 - PBDT28.25-17.93 LP PBT12.00-32.17 LP NP6.51-34.85 LP Powered by Capital Market - Live