Description

NSE admits partly paid-up equity shares of Solara Active Pharma Sciences Limited (SOLARAPP1) to trading on the Capital Market segment effective March 24, 2026, covering 71,402 shares at Rs. 7/- paid up against face value of Rs. 10/-.

Summary

NSE has admitted 71,402 partly paid-up equity shares of Solara Active Pharma Sciences Limited to dealings on the Capital Market segment effective March 24, 2026. The shares carry a face value of Rs. 10/- each with Rs. 7/- paid up, and will trade under the symbol SOLARAPP1 with ISIN IN9624Z01022.

Key Points

  • Symbol: SOLARAPP1 (Solara Active Pharma Sciences Limited)
  • Security description: Equity Shares of Rs. 10/- each (Rs. 7/- Paid up)
  • ISIN Code: IN9624Z01022
  • Number of securities listed: 71,402 shares
  • Market lot size: 1
  • Lock-in shares: Nil
  • Distinctive numbers range: 47,766,814 to 47,838,215
  • Effective date: March 24, 2026

Regulatory Changes

No new regulatory changes. Listing is pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which govern admission of securities to dealings and lot size specifications respectively.

Compliance Requirements

  • Trading members must identify and trade the security solely by its designated code (SOLARAPP1).
  • Trading must be conducted in the specified lot size of 1.
  • The temporary ISIN (IN8624Z01031) under which dematerialized shares were credited will transition to the permanent ISIN (IN9624Z01022) per SEBI circulars CIR/MRD/DP/21/2012 (August 2, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012).

Important Dates

  • March 23, 2026: Circular issued (Ref: NSE/CML/73432, Circular Ref. No: 0498/2026)
  • March 24, 2026: Effective date — shares admitted to trading on NSE Capital Market segment

Impact Assessment

This is a routine listing notification for a small number of partly paid-up shares (71,402) of Solara Active Pharma Sciences Limited. The impact is limited to existing shareholders who received these partly paid-up shares through a rights or further issue. No lock-in applies, so shares are freely tradeable from the effective date. The transition from temporary ISIN to permanent ISIN is a standard procedural step per SEBI guidelines.

Impact Justification

Routine listing of a small tranche of partly paid-up shares (71,402 shares) for an existing listed company; limited market impact.