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Sequent Scientific: Request Received For Reclassification Of Shareholding From 'Promoter And Promoter Group' To 'Public' Category'


Please find attached a request letter dated September 24 2020 received from the Promoter & Promoter Group seeking reclassification of shareholding from Promoter and Promoter Group to Pubic category. The list of Persons/ Entities seeking reclassification is listed in Annexure 1. The Promoters and Promoter Group are making the request consequent to the transfer of substantial shareholding and control over the Company to the Carlyle Group and they no longer are in control of the affairs of the Company.

The request for reclassification will be considered by the Board of Directors and will be subject to approval of shareholders pursuant to Regulation 31A of the SEBI LODR.

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