Sequent-Viyash merger effective; new MD/CEO and CFO appointed
VIYASH · price
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On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.3 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Composite scheme of amalgamation with Viyash and others became effective December 16, 2025. Sequent allotted 18.19 crore equity shares to Viyash shareholders at 56 shares per 100 ratio and 2.03 crore warrants at Rs 181.94 each. Board appointed Dr. Haribabu Bodepudi (ex-Mylan COO/CEO) as MD and Group CEO for 2 years. Rajaram Narayanan redesignated as CEO for Animal Health. Srinivas Vasireddy joined as whole-time director. Ramakant Singani appointed CFO from Jan 1, 2026, replacing Saurav Bhala who resigned.
Share capital rises sharply via 18.19 crore new shares plus convertible warrants, causing dilution. New leadership team takes charge from Jan 2026.