NSEUpdates1d ago · 19 Aug 2026, 11:11 am
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Solara Active Pharma Sciences Limited · SOLARA
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Solara Active Pharma Sciences Limited has informed the Exchange regarding the conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in relation to the rights issue by the Company, upon receipt of the Call Monies, as applicable.
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Full Announcement
Solara Active Pharma Sciences Limited has informed the Exchange regarding Conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in Conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in relation to the rights issue by the Company, upon receipt of the Call Monies, as applicable.
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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: August 19, 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.: Conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in
relation to the rights issue (“Rights Issue”) by Solara Active Pharma Sciences Limited
(the “Company”), upon receipt of the Call Monies, as applicable.
This is in relation to the Rights Issue and further to our intimation dated July 03, 2026 regarding the
issuance of the Final Reminder Cum Forfeiture Notice ( “Final Reminder Notices”) to the holders
of partly paid up equity shares who have not yet paid the pending First Call Money (if any) and
Second and Final Call Money (“Call monies”), as applicable, in respect of the partly paid-up Rights
Equity Shares of the Company. In this regard, the Rights Issue Committee of the Board of Directors
by way of Circular Resolution passed today, i.e. August 19, 2026, has approved the conversion of
2,79,582 partly paid-up Rights Equity Shares into fully paid-up equity shares of face value of Rs.
10 per equity share of the Company bearing ISIN INE624Z01016 (“Converted Rights Equity
Shares”), comprising:
• 2,23,051 Rights Equity Shares of face value of Rs.10 each, having Rs. 262.50/- paid per share
(comprising Rs.7/- towards face value and Rs.255.50/- towards premium) bearing ISIN-
IN9624Z01022, in respect of which the Second and Final Call monies of Rs.112.50/- paid per
share (comprising Rs.3/- towards face value and Rs. 109.5/- towards premium) was received;
• 56,531 Rights Equity Shares of face value of Rs.10 each, having Rs.131.25/- paid per share
(comprising Rs.3.50/- towards face value and Rs.127.75/- towards premium) bearing ISIN-
IN9624Z01014, in respect of which the First Call Money and Second and Final Call monies of
Rs. 243.75/- paid per share (comprising Rs.6.5/- towards face value and Rs. 237.25/- towards
premium) was received.
The Company shall take the necessary steps for giving effect to the requisite corporate actions and
obtaining listing and trading approvals in respect of the Converted Rights Equity Shares.
As on date, the paid-up capital of the Company is Rs. 48,16,16,569/- divided into 4,80,81,817 fully
paid-up equity shares having a face value of Rs.10/- each bearing ISIN INE624Z01016, 59,419
equity shares of Rs.7/- partly paid-up bearing ISIN IN9624Z01022 and 1,09,276 equity shares of
Rs.3.50/- partly paid-up bearing ISIN IN9624Z01014.
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: ‘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
You are requested to kindly take the above information on record.
Thanking you,
Yours faithfully
For Solara Active Pharma Sciences Limited
Pooja Jaya Kumar
Company Secretary & Compliance Officer
Membership No.: A57415
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703 / Tel: +91-22- 20870033