Description
Solara Active Pharma Sciences Limited reports first call money received on 1,17,61,546 partly paid shares with 19,740 shares available for trading resumption at Rs.7/- paid-up value.
Summary
Solara Active Pharma Sciences Limited has provided details of first call money received on partly paid-up equity shares. Out of 1,19,98,755 shares for which first call notice was sent, the company received first call money 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.
Key Points
- First call notice sent for 1,19,98,755 partly paid shares on April 07, 2025
- 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 shares: first call money received as on May 07, 2025 (BSE approval: May 7, 2025; NSE approval: May 8, 2025)
- 3,71,779 shares: first call money received as on August 16, 2025 pursuant to 1st reminder (BSE approval: Aug 19, 2025; NSE approval: Aug 21, 2025)
- Total shares receiving listing and trading approval: 1,17,41,163
- Shares available for trading on resumption: 19,740
- Balance shares not credited to depositories due to pledge: 643
- ISIN: IN9624Z01022
- Scrip Code: 890202
- No lock-in period applicable
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
This is an informational disclosure regarding the listing of partly paid-up equity shares. No specific compliance actions required from market participants.
Important Dates
- April 07, 2025: First call notice sent
- May 07, 2025: First call money received (first batch)
- May 7, 2025: BSE in-principle approval (first batch)
- May 8, 2025: NSE in-principle approval (first batch)
- July 01, 2025: Reminder notice sent
- August 16, 2025: First call money received (second batch)
- August 19, 2025: BSE in-principle approval (second batch)
- August 21, 2025: NSE in-principle approval (second batch)
- January 27, 2026: Circular date
Impact Assessment
Minimal market impact as this relates to a small number of partly paid shares (19,740) becoming available for trading. The paid-up value is Rs.7/- per share. This is a routine administrative update for existing shareholders who have paid the first call money on their partly paid shares. The distinctive numbers are allocated across NSDL depository.
Impact Justification
Routine listing update for partly paid shares affecting a small number of shares (19,740) available for trading resumption