NSEGeneral Updates5d ago · 25 Aug 2026, 06:34 pm
General Updates
Solara Active Pharma Sciences Limited · SOLARA
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Solara Active Pharma Sciences Limited has informed the Exchange about Business Responsibility and Sustainability Report for the financial year 2025-26.
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Solara Active Pharma Sciences Limited has informed the Exchange about Business Responsibility and Sustainability Report for the financial year 2025-26.
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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 25, 2026
The BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra-Kurla Complex
Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 541540, 890202 Symbol: SOLARA, SOLARAPP1
Dear Sir/Madam,
Subject: Business Responsibility and Sustainability Report for the FY 2025-26
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed the Business Responsibility & Sustainability Report (BRSR) for the financial year
ended March 31, 2026.
This is for your kind information and records.
Thanking You,
Yours Faithfully,
For Solara Active Pharma Sciences Limited
Pooja Jaya Kumar
Company Secretary & Compliance Officer
ICSI Membership No.: A57415
Encl. As above
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- 022-20870033
Annual Report 2025-26 83
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Statements
Business Responsibility and Sustainability Report
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1 Corporate Identity Number (CIN) of the Listed Entity L24230MH2017PLC291636
2 Name of the Listed Entity Solara Active Pharma Sciences Limited
3 Year of incorporation 2017
4 Registered office address ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector
30A, Vashi, Navi Mumbai, Mumbai, Maharashtra,
India, Pin code: 400703
5 Corporate address TICEL BIO PARK., 6th floor Module No. 601, 602,
603, Phase II - CSIR Road, Taramani, Chennai,
Tamil Nadu, India, Pin code: 600113
6 E-mail investors@solara.co.in
7 Telephone +91 44 4344 6700
8 Website www.solara.co.in
9 Financial year for which reporting is being done April 1, 2025 to March 31, 2026
10 Name of the Stock Exchange(s) where shares are listed BSE Limited (BSE) and National Stock Exchange
of India Limited (NSE)
11 Paid-up Capital ₹ 44.51 Crores.
12 Name and contact details (telephone, email address) of the Ms. Pooja Jaya Kumar
person who may be contacted in case of any queries on the BRSR Company Secretary
report Ph: +91 44 43446700 / 080 46632102
Email: pooja.j@solara.co.in | Investors@solara.co.in
13 Reporting boundary - Are the disclosures under this report made Standalone. The boundary of reporting includes
on a standalone basis (i.e., only for the entity) or on a consolidated Solara Active Pharma (the Company)’s following
basis (i.e., for the entity and all the entities which form a part of its 10 locations:
consolidated financial statements, taken together).
y 06 manufacturing locations:
− Ambernath
− Cuddalore
− Mangalore
− Mysore
− Pondicherry
− Vizag*
y 02 offices and 01 R&D Center:
− Corporate Office, Chennai
− Sales and Marketing office, Bangalore
− R&D Center, Chennai
y 01 registered office in Mumbai which is not
considered as part of the reporting boundary
due to its negligible operational footprint.
14 Name of assurance provider Not Applicable
15 Type of assurance obtained Not Applicable
*Additionally, in the previous reporting year FY25, the Company recorded one month data in FY25 from Vizag plant as opposed to
complete 12 months reporting in FY26.
II. Products/services
16. Details of business activities (accounting for 90% of the turnover):
S. Description of Main % of Turnover
Description of Business Activity
No. Activity of the entity
1 Active Pharmaceutical Design and manufacture commercial APIs across therapeutic categories, 100 %
Ingredients complex products, including polymer-based APIs
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover)
S. % of total Turnover
Product/Service NIC Code
No. contributed
1 Active Pharmaceutical Ingredients 21001 100%
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 06 03 offices & 01 R&D Center* 10
International 0 0 0
*The 3 offices include a registered office in Mumbai which has not been considered as part of the reporting boundary since the
environmental and social footprint is negligible relative to other locations.
a. Markets served by the entity:
a No. of Locations
Locations Number
National (No. of States) 21
International (No. of Countries) 64
b. What is the contribution of exports as a percentage of the total turnover of the entity?
c. A brief type of customers
Solara’s customers comprise leading generic and innovator pharmaceutical companies globally that utilize
the Company’s Active Pharmaceutical Ingredients (APIs) in the manufacture of finished pharmaceutical
formulations.
IV. Employees
20. Details as at the end of Financial Year (FY2025-26)
a. Employees and workers (including differently abled)
Sl. Male Female
Particulars Total (A)
No. No. (B) % (B/A) No. (C) % (C/A)
EMPLOYEES
1 Permanent (D) 1027 928 90% 99 10%
2 Other than Permanent (E) 5 4 80% 1 20%
3 Total employees (D + E) 1032 932 90% 100 10%
WORKERS
4 Permanent (F) 642 642 100% 0 NA
5 Other than Permanent (G) 1434 1321 92% 113 8%
6 Total workers (F + G) 2076 1963 95% 113 5%
b. Differently abled employees and workers:
Sl. Male Female
Particulars Total (A)
No. No. (B) % (B/A) No. (C) % (C/A)
DIFFERENTLY ABLED EMPLOYEES
1 Permanent (D) 1 1 100% 0 NA
2 Other than Permanent (E) 0 0 NA 0 NA
3 Total differently abled employees (D + E) 1 1 100% 0 NA
DIFFERENTLY ABLED WORKERS
4 Permanent (F) 0 0 NA 0 NA
5 Other than Permanent (G) 0 0 NA 0 NA
6 Total differently abled workers (F+G) 0 0 NA 0 NA
21 Participation/Inclusion/Representation of women
No. and percentage of Females (B)
Representative Stakeholder Total (A)
No (B) % (B / A)
Board of Directors 8 1 13%
Key Management Personnel 2 1 50%
Note: Out of 4 Key Managerial Personnel, 2 Key Managerial Personnel are part of Board of Directors and have been considered under
the same.
84 Solara Active Pharma Sciences Limited
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22. Turnover rate for permanent employees and workers
FY 2025-26 FY 2024-25 FY2023-24
(Turnover rate in current FY) (Turnover rate in previous FY) (Turnover rate in prior to
previous FY)
Male Female Total Male Female Total Male Female Total
Permanent Employees 13% 10% 13% 31% 22% 30% 21% 28% 22%
Permanent Workers 4% NA 4% 5% NA 5% 4% NA 4%
V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. Names of holding / subsidiary / associate companies / joint ventures
Indicate whether Does the entity indicated at
Sr. Name of the holding /subsidiary / associate holding/ Subsidiary/ % of shares held column A, participate in the
No. companies / joint ventures (A) Associate/ Joint by listed entity Business Responsibility initiatives
Venture of the listed entity? (Yes/No)
1 Chemsynth Laboratories Private Limited Subsidiary 49% No
2 Shasun USA Inc Subsidiary 100% No
3 Synthix Global Pharma Solutions Limited Subsidiary 100% No
Solara Active Pharma Sciences LTDA was also a 100% owned subsidiary as of FY 2024-25 which is no longer owned by the Company
(effective 30th July 2025).
VI. CSR Details Response
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) Yes
(ii) Turnover (in `) 1,374.87 Cr.
(iii) Net worth (in `) 1,252.88 Cr.
VII. Transparency and Disclosures Compliances
25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on
Responsible Business Conduct
FY2025-26 FY2024-25
Grievance Redressal Mechanism
Stakeholder in Place (Yes/No) Number of Number of
group from (If Yes, then provide the Number of complaints Remarks (e.g., Number of complaints
who
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