BSECompany Update1d ago · 23 Jul 2026, 04:32 pm
Solara Active Pharma Sciences Limited has informed the Exchange regarding allotment of 2250 Equity Shares pursuant to exercise of ESOP options.
Solara Active Pharma Sciences Ltd · 541540
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Solara Active Pharma Sciences Ltd has informed the Exchange regarding allotment of 2250 Equity Shares pursuant to exercise of ESOP options.
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Growth Catalyst2/10
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Balance Sheet Risk5/10
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Full Announcement
Solara Active Pharma Sciences Ltd - 541540 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
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Corporate Office:
Solara Active Pharma Sciences Limited
TICEL Bio Park, 6th Floor,
Module No. 601, 602, 603, Phase II – CSIR Road,
Taramani, Chennai, Tamil Nadu – 600113.
Tel: +91 44 4344 6700
Fax: +91 44 47406190
E-mail: investors@solara.co.in
Website: www.solara.co.in
Date: July 23, 2026
The BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Bandra-Kurla
Dalal Street, Mumbai – 400 001 Complex, Bandra (E), Mumbai – 400 051
Scrip Code: 541540, 890202 Symbol: SOLARA, SOLARAPP1
Dear Sir/Madam,
Sub: Allotment of 2,250 Equity Shares pursuant to exercise of Options under Solara Employee
Stock Option Plan 2018 - Disclosure under Regulation 30 of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
This is to inform you that the Board of Directors of Solara Active Pharma Sciences Limited
(“Company”) by way of Board Resolution passed at the Board Meeting today i.e. Thursday, July 23,
2026, has approved:
Allotment of 2,250 Equity Shares pursuant to Exercise of Options under Solara Employee
Stock Option Plan 2018.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and Regulation 10(c) of
Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity)
Regulations, 2021, (“SEBI SBEB & SE Regulations”), the Board of Directors have approved the
allotment of 2,250 (Two Thousand Two Hundred and Fifty) Equity Shares of face value Rs. 10/- each
fully paid up against the exercise of vested Options of Solara Employee Stock Option Plan 2018.
The equity shares so allotted under the aforesaid Scheme, shall rank pari-passu with the existing
equity shares of the Company in all respects. Consequent to the aforesaid allotment, the paid‐up share
capital of the Company will accordingly increase as follows:
Paid up capital before ESOP allotment
Sl. No Type No of shares Paid up (In Rs.) Amount (In Rs.)
1 Equity Shares - Fully Paid 4,77,97,735 10 47,79,77,350.00
2 Equity Shares - Partly Paid 2,82,470 7 19,77,290.00
3 Equity Shares - Partly Paid 1,65,807 3.5 5,80,324.50
Total Paid up capital 4,82,46,012 48,05,34,964.50
Paid up capital post ESOP allotment
Sl. No Type No of shares Paid up (In Rs.) Amount (In Rs.)
1 Equity Shares - Fully Paid 4,77,99,985 10 47,79,99,850.00
2 Equity Shares - Partly Paid 2,82,470 7 19,77,290.00
3 Equity Shares - Partly Paid 1,65,807 3.5 5,80,324.50
Total Paid up capital 4,82,48,262 48,05,57,464.50
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: 9th Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703; Tel: +91-22-20870033
Corporate Office:
Solara Active Pharma Sciences Limited
TICEL Bio Park, 6th Floor,
Module No. 601, 602, 603, Phase II – CSIR Road,
Taramani, Chennai, Tamil Nadu – 600113.
Tel: +91 44 4344 6700
Fax: +91 44 47406190
E-mail: investors@solara.co.in
Website: www.solara.co.in
In terms of Regulation 10(c) read with Part – E of the SEBI SBEB & SE Regulations, the details of the
shares allotted are enclosed herewith as “Annexure-A” and the details required as per Master circular
no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as “Annexure
-B”.
We request you to take the same on record.
Thanking you,
Yours faithfully,
For Solara Active Pharma Sciences Limited
Pooja Jaya Kumar
Company Secretary & Compliance Officer
Membership No: A57415
Encl.: As above
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: 9th Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703; Tel: +91-22-20870033
Corporate Office:
Solara Active Pharma Sciences Limited
TICEL Bio Park, 6th Floor,
Module No. 601, 602, 603, Phase II – CSIR Road,
Taramani, Chennai, Tamil Nadu – 600113.
Tel: +91 44 4344 6700
Fax: +91 44 47406190
E-mail: investors@solara.co.in
Website: www.solara.co.in
Annexure-A
Disclosure under Part E pursuant to Regulation 10(c) of SEBI (Share Based Employee Benefits
and Sweat Equity) Regulations, 2021
1 Company name and address of Registered Solara Active Pharma Sciences Limited
Office
‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector
30A, Vashi, Navi Mumbai - 400 703
2 Name of the Stock Exchange on which the 1. National Stock Exchange of India Limited
company’s shares are listed 2. BSE Limited
3 Filing date of the statement referred in • NSE: November 16, 2018
Regulation 10(b) of the Securities and • BSE: November 16, 2018
Exchange Board of India (Share Based
Employee Benefits and Sweat Equity)
Regulations, 2021 with the recognized
Stock Exchange
4 Filing Number, if any • NSE: NSE/LIST/19224
• BSE: DCS/IPO/JR/ESOP-IP/3352/2018-19
5 Title of the Scheme pursuant to which Solara Employee Stock Option Plan, 2018
shares are issued, if any
6 Kind of security to be listed Equity shares
7 Par value of the shares Rs.10/‐ per Equity Share
8 Date of issue of shares June 28, 2024
9 Number of shares issued 2,250 Equity shares
10 Share Certificate No., if applicable Not Applicable
11 Distinctive number of the share, if From: 48246013 To: 48248262
applicable:
12 ISIN Number of the shares if issued in INE624Z01016
Demat
13 Exercise price per share Rs. 375/-
14 Premium per share Rs. 365/-
15 Total shares issued after this issue 4,82,48,262 Equity Shares at Rs. 10/- each
16 Total issued share capital after this issue Rs. 48,24,82,620 /-
17 Details of any lock-in on the shares Not Applicable
18 Date of expiry of lock-in Not Applicable
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: 9th Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703; Tel: +91-22-20870033
Corporate Office:
Solara Active Pharma Sciences Limited
TICEL Bio Park, 6th Floor,
Module No. 601, 602, 603, Phase II – CSIR Road,
Taramani, Chennai, Tamil Nadu – 600113.
Tel: +91 44 4344 6700
Fax: +91 44 47406190
E-mail: investors@solara.co.in
Website: www.solara.co.in
Whether shares are identical in all respects
Shares issued shall rank pari- passu with the
19 to existing shares? If not, when will they
existing equity shares of the company
become identical?
20 Details of listing fees, if payable Not Applicable
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: 9th Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703; Tel: +91-22-20870033
Corporate Office:
Solara Active Pharma Sciences Limited
TICEL Bio Park, 6th Floor,
Module No. 601, 602, 603, Phase II – CSIR Road,
Taramani, Chennai, Tamil Nadu – 600113.
Tel: +91 44 4344 6700
Fax: +91 44 47406190
E-mail: investors@solara.co.in
Website: www.solara.co.in
Annexure – B
Disclosure under Regulation 30 of SEBI (LODR) Regulation 2015 read Master Circular no.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Sr. No. Particulars Details
Solara Employee Stock Option Plan
2018 – June 28, 2024
1 Brief details of options granted Options Granted - 7,500
Options Vested - 2,250
Options Exercised - 2,250
Whether the scheme is in terms of the Securities
and Exchange Board of India (Share Based
2 Employee Benefits and Sweat Equity) Yes
Regulations, 2021 ('SBEB & SE Regulations'), if
applicable
2,250 Equity Shares of face value of
Rs. 10/- each to be issued against 2,250
3 Total number of shares covered by these options
Options under Solara Employee Stock
Option Plan 2018 upon exercise.
4 Pricing Formula/ Exercise Price Exercise Price is Rs. 375/- per share
5 Options Vested 2,250 options vested.
Options shall be exercised within 120
days from the date of Vesting of the
Options within which an Employee
should exercise his/ her right to apply
6 Time within which options may be exercised for Shares against the vested Option in
pursuance of the Plan. The Options
shall not be permitted to be exercised
after the
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