CA Hull gets 31.2% in Sequent via Viyash merger; no open offer needed

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

VIYASH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹210.18

prior close

₹210.25

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-0.3% vs market

Pharmaceuticals peers, median of 152sector-0.4%-0.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.2 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-1.6

15m

-1.3

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.3-0.3-0.4-0.2

Next day

+0.1+0.9-0.8+0.6-0.5

+4.0+2.3+1.7+1.0+3.0

+3.3+2.4+0.9+1.1+2.2

+1.8+1.8-0.0+0.9+0.8

+1.4+1.3+0.1+0.5+0.9

-1.5+0.4-2.0-0.2-1.3

15d

-5.5-1.1-4.4-0.3-5.3

-2.2-3.3+1.1-2.7+0.5

+6.3-0.5+6.8-2.4+8.7

-7.2-8.2+1.0-9.0+1.8

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 152Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pursuant to NCLT-approved composite scheme (order Nov 18, 2025), Sequent Scientific allotted 13,61,60,231 shares (31.2% of capital) to CA Hull Investments at 56:100 exchange ratio. CA Harbor (existing promoter) stake fell from 52.33% to 30.20%. Combined promoter group now holds 61.4%. Transaction exempt from open offer under Regulation 10(1)(d)(ii) of SEBI Takeover Regulations.

Likely market impact

Viyash merged into Sequent at 56:100 ratio; promoter group now 61.4% combined; no open offer triggered; shareholding reshuffled.