SOLARA NSE filing

Solara Active Pharma Sciences issues Second and Final Call Money Notice

The RealCase readMedium impact Neutral

Solara Active Pharma Sciences Limited is making a Second and Final Call for ₹112.50 per partly paid-up equity share. The payment period is from April 23 to May 7, 2026. Advertisements were published on April 8, 2026.

Why it matters

This is a critical step for the company to realize the funds from its rights issue. Failure of shareholders to pay could impact the company's capital structure and future plans. However, the impact is limited to the shareholders who hold these specific partly paid-up shares.

The market read

The announcement is a routine procedural step for the company regarding its rights issue, informing shareholders about the final call for payment. It does not contain any new financial performance data or strategic changes that would significantly alter the company's outlook.

Solara Active Pharma Sciences Limited has issued a Second and Final Call Money Notice to the holders of its partly paid-up Rights Equity Shares. The call is for an amount of ₹112.50 per equity share, comprising ₹3.00 towards face value and ₹109.50 towards securities premium. The notice was approved by the Rights Issue Committee on March 24, 2026, with a record date of April 2, 2026, to determine eligible shareholders. Electronic notices were dispatched on April 6, 2026, to shareholders with registered email addresses, and physical copies were dispatched on April 7, 2026, to those without registered emails. The payment period for this second and final call is 15 days, from April 23, 2026, to May 7, 2026. Shareholders can make payments through online or physical ASBA, or via 3-in-1 trading-demat-bank accounts. Detailed instructions and FAQs are available on the company's website and the RTA's website. The company also published advertisements regarding this notice in 'Business Standard' and 'Pratahkal' on April 8, 2026, and these are available on the company's investor relations page.

Filing to action

What to do with a filing like this

Solara Active Pharma Sciences Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Solara Active Pharma Sciences Limited. Read the original for the full detail.

View original filing