Sequent Scientific picks up 5.8% stake in Shasun Pharma
With this, the Bangalore-based company would have 5.82% share in Shasun Pharmaceuticals' total equity shares
With this, the Bangalore-based company would have 5.82% share in Shasun Pharmaceuticals' total equity shares. The allotment was made on May 30, 2014.
According to earlier reports, Sequent Scientific, which has launched a joint venture firm with Shasun Pharma some time back, has been planning to pick up a minority stake of around 16% in the company with an investment of around Rs 116 crore.