Liquidity Events

Convergent Finance exits SeQuent Scientific by selling shares worth Rs.231-Cr, registers 1.96x retur

Stock Exchange Data  

Convergent Finance has sold a 5.91% stake in publicly listed life sciences firm SeQuent Scientific Ltd. The sale, executed on Dec 9, 2021 through a bulk deal on BSE, aggregates to INR 230.60 crore.

From the Venture Intelligence PE-VC Deal Database: In Apr 2020, Convergent Finance invested INR 117.74 crore for 5.91% stake in Sequent.

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