Announced Tue, 24 Mar · 10:25 IST

Solara Active Pharma Sciences Limited has fixed April 02, 2026 as the Record date for the purpose of making Second and Final call for the shares issued on the Rights basis.

Fund Raising View source PDF

SOLARA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.6%1-day move
₹434.90
prior close
₹437.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.8-1.1-0.7+4.6+1.4-1.8+5.9+9.2+8.4+12.3+10.0+28.5+31.8
Up moveDown movePending
AI summary

Solara Active Pharma Sciences has fixed April 2, 2026 as the record date for the Second & Final call on its Rights Shares issued earlier under a Letter of Offer dated May 9, 2024. The call amount is ₹112.50 per share, split as ₹3.00 towards face value and ₹109.50 towards securities premium. Shareholders holding partly paid-up rights shares as on the record date will receive a call notice for payment. This is a routine follow-up to convert the partly paid rights shares into fully paid-up shares.

Likely market impact

Eligible shareholders must pay ₹112.50 per rights share to convert their partly paid shares into fully paid-up equity. Failure to pay may result in forfeiture of the partly paid shares. This is a known obligation from the 2024 rights issue and is not a new fundraising event.