Announced Tue, 16 Jun · 18:08 IST
Solara Active Pharma allots 70,000 shares under ESOP 2024
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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
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AI summary
Solara Active Pharma Sciences has allotted 70,000 equity shares (face value Rs. 10) to employees under the Solara Employee Stock Option Plan 2024. Exercise price was Rs. 375 per share, bringing in Rs. 2.625 crore. Total paid-up equity share capital rises to Rs. 48.05 crore (4,82,46,012 shares). Allotment approved via circular resolution on June 16, 2026. Diluted EPS of Rs. 2.23 per share noted.
Likely market impact
Minor dilution of ~0.15% from ESOP exercise; cash inflow of Rs. 2.625 crore; negligible impact on share price.