Solara Active Pharma Sciences Limited has informed the Exchange regarding Receipt of call money pursuant to the Second Reminder Notice issued for payment of First Call Money.
SOLARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Solara Active Pharma Sciences has received First Call money of Rs. 93.71 lakhs from holders of 71,402 partly paid-up Rights Equity Shares, in response to the Second Reminder Notice issued on February 4, 2026. The First Call amount was Rs. 131.25 per share on shares originally allotted on June 19, 2024, under the Rights Issue (Letter of Offer dated May 9, 2024). These 71,402 shares have now been converted from Rs. 3.50 paid-up to Rs. 7 paid-up (face value Rs. 10). After this conversion, the company's paid-up capital has risen to Rs. 44.51 crores, comprising 3.61 crore fully paid-up shares, 1.18 crore shares paid-up at Rs. 7, and 1.65 lakh shares still paid-up at Rs. 3.50. The company will now seek listing and trading approvals for the converted shares.
This is a routine post-Rights Issue housekeeping update showing that more shareholders are paying up their partly paid shares, gradually increasing the company's paid-up capital. For shareholders, it means some of the partly paid shares are moving closer to becoming fully paid-up, with no material change in business outlook.