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Solara Active Pharma Sciences Boosts Capital with Rights Equity Conversion

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Solara Active Pharma Sciences Boosts Capital with Rights Equity Conversion

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Solara Active Pharma Sciences Ltd. ( (IN:SOLARA) ) has issued an update.

Solara Active Pharma Sciences Ltd. announced the receipt of call money for its outstanding partly paid-up Rights Equity Shares, following a First Reminder Notice. This development led to the conversion of 3,71,779 partly paid-up equity shares, increasing the company’s paid-up capital significantly. The company is set to proceed with necessary corporate actions to facilitate the listing and trading of these converted shares, which could strengthen its financial position and market operations.

More about Solara Active Pharma Sciences Ltd.

Solara Active Pharma Sciences Ltd. operates in the pharmaceutical industry, focusing on the development and manufacturing of active pharmaceutical ingredients (APIs). The company is known for its robust portfolio of products catering to various therapeutic segments, enhancing its market presence in the global pharmaceutical sector.

Average Trading Volume: 19,274

Technical Sentiment Signal: Buy

Current Market Cap: 28.75B INR

See more data about SOLARA stock on TipRanks’ Stock Analysis page.

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