Solara Active Pharma Sciences Limited — QIP/Rights/Pref., 26-03-2025: Rights Issue

Solara Active Pharma Sciences Limited has announced a board meeting on March 26, 2025, during which the Rights Issue Committee approved a first call of ₹3.50 per partly paid-up equity share on 1,19,98,755 shares. This represents 35% of the ₹10 face value. Shareholders will need to pay a total of ₹131.25, which includes a premium of ₹127.75 per share. The record date for determining eligible shareholders to whom the call notice will be issued is April 4, 2025. The call payment period opens on April 16, 2025, and closes on April 30, 2025.