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Sequent Scientific Ltd updates on JV agreement with Shasun Pharmaceuticals

Friday, 11 Apr 2014 04:18am EDT 

Sequent Scientific Ltd:Says Alivira Animal Health Limited, Joint venture (JV) with Shasun Pharmaceuticals completed allotment of 7,400,000 equity shares to Shasun Pharmaceuticals Limited in consideration for the transfer of the Shasun's Vizag Unit.Also allotted 2,114,165 shares to Devicam Capital LLP, an enterprise jointly owned by the promoters of Shasun Pharmaceuticals Limited and Sequent Scientific Limited for cash. 

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-15.5 -1.47%
4:05am EST