PRONOMZ VENTURES LLP has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Awaiting price reaction for this filing.
PRONOMZ VENTURES LLP, part of the Promoter and Promoter Group of Solara Active Pharma Sciences, has filed the annual disclosure required under Regulation 31(4) of SEBI's Takeover Regulations for the financial year ended 31 March 2025. The promoters have confirmed that they have not created any new encumbrance (such as pledge or lien) on their shareholding in the company during the year, other than what was already disclosed earlier. The filing has been signed by the Designated Partner of PRONOMZ VENTURES LLP and shared with both BSE and NSE.
This is a routine compliance filing with no negative implication. The fact that promoters have not pledged any additional shares is mildly reassuring for retail investors, as it suggests no new financial stress or leverage being taken against their promoter holding.