Proceedings for NCLT convened Meeting for Unsecured Trade Creditors

SeQuent Scientific Limited held a meeting of its Unsecured Trade Creditors on August 30, 2025, as directed by the NCLT Hyderabad Bench-II via its Order dated July 23, 2025. The meeting was held via video conferencing to consider and approve a Composite Scheme of Amalgamation involving SeQuent Scientific, Symed Labs, and eight other related entities (including Viyash Life Sciences, Vandana Life Sciences, Appcure Labs, Vindhya Pharma, S.V. Labs, Vindhya Organics, Geninn Life Sciences, and Sequent Research) along with their shareholders and creditors. The resolution approving the scheme was passed with the requisite majority. The Managing Director briefed creditors on the rationale, share exchange ratios, and benefits of the proposed amalgamation. Voting results have been submitted to the stock exchanges under SEBI LODR Regulation 44(3).