Description
BSE activates Call Money Module for Solara Active Pharma Sciences Limited's second and final call on partly paid-up equity shares, with the issue open from April 23 to May 7, 2026.
Summary
BSE has activated the Call Money Module on its IBBS (Internet Based Book Building Software) platform for Solara Active Pharma Sciences Limited. This notice pertains to the second and final call on partly paid-up equity shares of the company. Trading Members, Self-Certified Syndicate Banks (SCSBs), and intermediaries are directed to facilitate the collection and submission of call money during the specified issue period.
Key Points
- Security symbol: SOLARAFCM (Partly Paid Equity Shares)
- Call type: Second and Final Call
- Call money amount: Rs. 112.50 per partly paid-up equity share
- Total partly paid-up equity shares: 1,19,98,755
- Market lot: 1
- Issue opens: Thursday, April 23, 2026
- Issue closes: Thursday, May 07, 2026
- Bidding hours: 10:00 a.m. to 5:00 p.m.
- Registrar: CAMEO CORPORATE SERVICES LIMITED, Chennai
Regulatory Changes
No new regulatory changes introduced. The activation is in accordance with:
- Exchange Notice No. 20210104-37 dated January 4, 2021
- SEBI circular dated December 8, 2020 governing the Call Money Module for SCSBs and Trading Members with 3-in-1 type accounts
Compliance Requirements
- Trading Members with 3-in-1 accounts and SCSBs must submit call money notice details collected during the issue period via the IBBS platform.
- Intermediaries are requested to note the activation and act accordingly within the specified window.
- For regulatory/business queries: listing.sales@bseindia.com | 022-2272 8846/5063/8179
- For bidding queries: ibbs.ops@bseindia.com | 022-2272 8376/8436/8226
- For new user ID or password reset: user.trdops@bseindia.com | 022-2272 8005/8215
Important Dates
| Event | Date |
|---|---|
| Notice Date | April 08, 2026 |
| Issue Opening Date | April 23, 2026 (Thursday) |
| Issue Closing Date | May 07, 2026 (Thursday) |
| Issue Period | 15 days |
| Bidding Hours | 10:00 a.m. – 5:00 p.m. daily |
Impact Assessment
This circular directly impacts holders of Solara Active Pharma Sciences Limited’s partly paid-up equity shares (symbol: SOLARAFCM). Shareholders will need to pay Rs. 112.50 per share as the second and final call money to convert their partly paid shares into fully paid shares. The total call money collectible across all 1,19,98,755 shares amounts to approximately Rs. 134.99 crore. Trading Members and SCSBs facilitating this process must ensure their IBBS access is active and submissions are completed within the 15-day window. No broader market-wide regulatory impact is anticipated.
Impact Justification
Affects holders of 1,19,98,755 partly paid-up equity shares of Solara Active Pharma Sciences Limited; second and final call of Rs. 112.50 per share with a defined 15-day bidding window. Relevant to trading members, SCSBs, and intermediaries handling call money submissions.