Announced Tue, 16 Jun · 17:59 IST

Allotment of 2,250 equity shares under ESOP 2018

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SOLARA · price

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Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹588.75
prior close
₹588.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4+0.0-0.5-0.5-3.5-4.0+0.0-2.1-2.7-2.7-4.5-2.8
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AI summary

Solara Active Pharma Sciences allotted 2,250 equity shares (face value Rs. 10) to employees who exercised options under the Solara Employee Stock Option Plan 2018. Exercise price was Rs. 375 per share, raising Rs. 8.43 lakh. Post-allotment, total paid-up equity shares stand at 4,81,76,012. The options were accelerated and vested upon the holder's resignation, then exercised within 60 days. New shares rank equally with existing shares.

Likely market impact

Minor dilution (~0.0005%); routine ESOP exercise with negligible impact on shareholding or stock price.