Description

Details of first call money received on partly paid-up equity shares and listing approval for 19,740 shares available for trading with paid-up value of Rs. 7/-.

Summary

Solara Active Pharma Sciences Limited has provided details regarding the first call money received on partly paid-up equity shares. Out of 1,19,98,755 partly paid shares for which first call notice was sent, first call money was received on 1,17,61,546 shares. A total of 19,740 shares will be available for trading on resumption with a paid-up value of Rs. 7/- per share under ISIN IN9624Z01022.

Key Points

  • First call notice sent on April 07, 2025 for 1,19,98,755 partly paid shares
  • Reminder notice sent on July 01, 2025 for 6,08,988 shares
  • First call money received on 1,17,61,546 shares total (1,13,89,767 by May 07, 2025 and 3,71,779 by August 16, 2025)
  • Listing and trading approval received for 1,17,41,163 shares
  • 19,740 shares available for trading on resumption
  • 643 shares could not be credited to depositories due to pledge
  • Scrip Code: 890202
  • No lock-in period applicable

Regulatory Changes

None specified.

Compliance Requirements

None specified for market participants. This is an informational disclosure by the company regarding the status of partly paid-up shares.

Important Dates

  • April 07, 2025: First call notice sent
  • May 07, 2025: First call money received (1,13,89,767 shares); BSE in-principle approval
  • May 08, 2025: NSE in-principle approval
  • July 01, 2025: Reminder notice sent
  • August 16, 2025: Additional first call money received (3,71,779 shares)
  • August 19, 2025: BSE approval for reminder notice shares
  • August 21, 2025: NSE approval for reminder notice shares
  • January 27, 2026: Date of circular submission

Impact Assessment

Minimal market impact. The circular relates to a small number of shares (19,740) becoming available for trading with paid-up value of Rs. 7/-. This is a routine administrative update on the conversion of partly paid-up shares to fully paid-up status following call money collection. The distinctive numbers are provided for NSDL depository tracking purposes.

Impact Justification

Routine listing update for partly paid-up shares affecting a small number of shares (19,740) with no lock-in period, minimal market impact