Corporate Action15 May 2026, 02:08 pm
Solara: Rights Equity Shares Converted, ₹129.94 Cr Received
AI Summary
Solara Active Pharma Sciences Ltd. announced the conversion of partly paid-up rights equity shares into fully paid-up equity shares following the receipt of ₹1,29,94,28,775.00 related to the Second & Final Call. The Rights Issue Committee approved the conversion of 1,15,50,478 partly paid-up shares into fully paid-up shares. Post-conversion, the paid-up capital of the company is ₹47,98,12,464.50.
Key Highlights
- Solara received ₹1,29,94,28,775.00 from the Second & Final Call on Rights Equity Shares.
- 1,15,50,478 partly paid-up equity shares converted to fully paid-up shares.
- New ISIN for converted shares is INE624Z01016.
- Post-conversion paid-up capital is ₹47,98,12,464.50.
Price Impact
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