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The Nomination Remuneration Committee of SeQuent Scientific Limited has approved the allotment of 5,40,000 equity shares at an exercise price of Rs. 86 each under the SeQuent ESOP 2020. This allotment increases the paid-up equity share capital from Rs. 49,95,23,990 to Rs. 50,06,03,990, resulting in a total of 250301995 equity shares. The issuance demonstrates the company's commitment to employee engagement and incentivization. This development could positively influence the company's operational efficiency and retention rates, making it an important factor for investors to watch closely.