Description

Details of first call payment and resumption of trading for partly paid-up equity shares of Solara Active Pharma Sciences Limited.

Summary

Solara Active Pharma Sciences Limited has provided details regarding the first call on partly paid-up equity shares. Out of 6,08,988 shares for which reminder notices were sent, 3,71,779 shares received call money payments, with 3,45,923 shares available for trading resumption.

Key Points

  • Total partly paid shares with first call reminder: 6,08,988 shares
  • Shares with call money received as of August 16, 2025: 3,71,779 shares
  • Shares available for trading on resumption: 3,45,923 shares
  • Shares not credited due to pledge: 25,856 shares
  • Paid-up value per share for trading: Rs. 7/-
  • ISIN for trading shares: IN9624Z01022
  • No lock-in period applicable

Regulatory Changes

No regulatory changes specified in this circular.

Compliance Requirements

Company has fulfilled reporting requirements for partly paid-up equity shares first call process and provided detailed reconciliation to BSE.

Important Dates

  • July 1, 2025: First call reminder notices sent
  • August 16, 2025: Cut-off date for call money receipt
  • August 28, 2025: RTA reconciliation statement date
  • August 29, 2025: Circular submission date

Impact Assessment

Moderate impact on Solara Active Pharma Sciences shareholders holding partly paid shares. Approximately 57% of shareholders responded to the first call, enabling majority of shares to resume trading. Remaining pledged shares (25,856) cannot be credited to depositories until pledge is resolved.

Impact Justification

Affects specific company's partly paid shares trading with moderate market impact