With reference to the Press Release dated May 30, 2016 titled ‘Alivira to acquire majority stake in Karizoo Group Spain’. Further to the above, Sequent Scientific has informed that the transaction has now achieved closure and Karizoo Group (Vila Vina Particpacions) will be integrated and consolidated with the Company effective July 01, 2016.
The above information is a part of company’s filings submitted to BSE.