Solara Issues Second Reminder for First Call Payment on Rights Shares

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

Solara Active Pharma Sciences Ltd. has dispatched a second reminder notice to shareholders who have not yet paid the first call money on partly paid-up equity shares allotted under its ongoing rights issue. The company has sent these reminders electronically to registered email addresses and, where necessary, as physical copies, and has set 19 February 2026 as the last date for payment, after which compliant shareholders’ holdings will be updated for trading from partly paid-up shares of ₹3.50 to ₹7.00. This step is part of the company’s process to complete collection of the first call amount of ₹131.25 per partly paid-up rights share, and its execution signals continued progress in fully crystallising the rights issue proceeds, which is relevant for existing investors and market participants tracking Solara’s capital structure and funding plans.

More about Solara Active Pharma Sciences Ltd.

Solara Active Pharma Sciences Ltd. is an Indian pharmaceutical company engaged in the active pharmaceutical ingredients (API) and related pharma sciences segment, with corporate operations based in Chennai and registered office in Navi Mumbai. The company is listed on both the National Stock Exchange of India and BSE, indicating a public market focus and a shareholder base that participates in its capital-raising initiatives such as rights issues.

Average Trading Volume: 11,538

Technical Sentiment Signal: Sell

Current Market Cap: 24.89B INR

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