StockWatch
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Pharmaceuticals
Rights Issue16 Oct 2026, 07:30 pm

Solara Active Pharma Sciences: Monitoring Agency Report for Q2 FY27

AI Summary

Solara Active Pharma Sciences Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CRISIL Ratings Limited, confirms the utilization of proceeds from the company's Rights Issue. Solara Active Pharma Sciences confirms that there has been no deviation or variation in the utilization of Issue proceeds from the objects stated in the Letter of Offer for the Rights Issue. CRISIL Ratings Limited, as the appointed Monitoring Agency, has provided its report as per SEBI regulations, stating no deviation from the objects.

Key Highlights

  • Monitoring Agency Report for Solara Active Pharma Sciences filed for Q2 FY27.
  • CRISIL Ratings Limited is the appointed Monitoring Agency.
  • Report covers utilization of Rights Issue proceeds.
  • No deviation confirmed in the utilization of funds.
  • Compliance with SEBI (ICDR) Regulations 2018.