Solara Active Pharma Sciences Limited has informed the exchange about copy of the Newspaper publications made by the Company with respect to dispatch of First Reminder Notice for payment of First Call Notice.
SOLARA · price
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Awaiting price reaction for this filing.
Solara Active Pharma Sciences informed the BSE and NSE on July 3, 2025 that it published a First Reminder Notice in Business Standard (English) and Pratahkal (Marathi) asking shareholders to pay their First Call Money. The filing is being made under SEBI listing rules (Regulations 30 and 47) to disclose the newspaper advertisement. This relates to partly paid shares, likely from a past rights issue, where the company is calling up the first installment of the balance share price. Shareholders who have not yet paid are being urged to do so to avoid penalties or possible forfeiture of shares. No specific monetary amount or due date was mentioned in this particular disclosure.
This is a routine compliance filing and a reminder notice, not a new business event. It signals to holders of partly paid Solara shares that they need to pay the pending call money. Direct impact on stock price is unlikely, but shareholders with unpaid calls should act to avoid interest charges or risk of share forfeiture.