StockWatch
·
Pharmaceuticals
Rights Issue3 Jul 2026, 05:40 pm

Solara Active Pharma Issues Final Reminder-cum-Forfeiture Notice for Rights Issue

AI Summary

Solara Active Pharma Sciences Ltd has approved the issuance of a Final Reminder-cum-Forfeiture Notice to holders of partly paid-up equity shares who have not paid the outstanding call money. The notice, approved by the Rights Issue Committee on July 3, 2026, specifies that failure to pay the First Call (₹131.25) and/or Second and Final Call (₹112.50) by July 27, 2026, will result in the forfeiture of shares and any amounts already paid. Payment can be made online via https://rights.cameoindia.com/solaracallmoney2. This action is in accordance with the Companies Act, SEBI Regulations, and the Letter of Offer.

Key Highlights

  • Final Reminder-cum-Forfeiture Notice issued for unpaid rights issue call money.
  • Payment deadline for First and Second Call is July 27, 2026.
  • Failure to pay will lead to forfeiture of shares and paid amounts.
  • Payment can be made online through the provided Cameo Corporate Services portal.
  • Notice follows previous reminders and calls for outstanding amounts.