AI assistant
SOLARA ACTIVE PHARMA SCIENCES LIMITED — AGM Information 2025
Sep 25, 2025
61842_rns_2025-09-25_42ecc509-14cd-47b1-9fbe-ae12e29b7682.pdf
AGM Information
Open in viewerOpens in your device viewer
Corporate Office: Solara Active Pharma Sciences Limited TICEL Bio Park, 6th Floor, Module No. 601, 602, 603, Phase II – CSIR Road, Taramani, Chennai, Tamil Nadu – 600113. Tel: +91 44 4344 6700 Fax: +91 44 47406190 E-mail: [email protected] Website: www.solara.co.in
==> picture [189 x 71] intentionally omitted <==
September 25, 2025
The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001
The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E), Mumbai – 400 051
Scrip Code: 541540, 890202
Scrip Code: SOLARA, SOLARAPP1
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Dear Sir / Madam,
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
Subject: Proceedings of the Eighth Annual General Meeting of the Company and disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
We wish to inform you that the Eighth Annual General Meeting (“ AGM ”) of the Company was held on Thursday, September 25, 2025, at 10.30 AM IST through video conferencing and ended at 11.02 AM IST.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
In this regard, please find attached summary of proceedings of the AGM as required under Regulation 30, Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
This is for your information and records.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
Thanking you,
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Yours faithfully, For Solara Active Pharma Sciences Limited
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
POOJA JAYA Digitally signed by POOJA JAYA KUMAR KUMAR Date: 2025.09.25 18:43:02 +05'30' Pooja Jaya Kumar Company Secretary and Compliance Officer ICSI Membership No.: A57415
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
Encl.: as above
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: 9[th ] Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703 / Tel: +91-22-2789 2924
Corporate Office: Solara Active Pharma Sciences Limited TICEL Bio Park, 6th Floor, Module No. 601, 602, 603, Phase II – CSIR Road, Taramani, Chennai, Tamil Nadu – 600113. Tel: +91 44 4344 6700 Fax: +91 44 47406190 E-mail: [email protected] Website: www.solara.co.in
==> picture [189 x 71] intentionally omitted <==
SUMMARY OF PROCEEDINGS OF THE EIGHTH ANNUAL GENERAL MEETING OF THE COMPANY HELD THROUGH VIDEO CONFERENCING ON THURSDAY, SEPTEMBER 25, 2025, FROM 10:30 A.M TO 11.02 AM.
Ms. Pooja Jaya Kumar, Company Secretary & Compliance Officer of the Company, welcomed the Members to the Eighth Annual General Meeting (AGM) of the Company and handed over the proceeding to the Chairman, Mr. R. Ramakrishnan.
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Mr. R. Ramakrishnan, Chairman, welcomed the Members and introduced the Directors and other invitees present in the meeting to the Members.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
Present:
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
| Mr. R. Ramakrishnan | Independent Director & Chairman of Board, Audit Committee & member of Nomination and Renumeration Committee |
|
|---|---|---|
| Dr. Kausalya Santhanam | Independent Director & Chairperson of Stakeholders Relationship Committee & CSR Committee |
|
| Mr. Rajiv Vijay Nabar | Independent Director, Chairman of Risk Management Committee |
|
| Mr. Arun Kumar Pillai | Non-Executive Director | |
| Mr. Manish Gupta | Non-Executive Director | |
| Mr. Sandeep Shashikantha Rao | Managing Director & CEO | |
| Mr. M. Mohan | Executive Director & COO | |
| Mr. Sarat Kumar Asuri | Chief Financial Officer(CFO) | |
| Ms. Pooja Jaya Kumar | CompanySecretary& Compliance Officer | |
Other Invitees present at the meeting were noted as under:
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
| Mr. Sandeep Kukreja (Partner) and Rahul Kamath |
From Deloitte Haskins & Sells LLP, Chartered Accountants-Statutory Auditors of the Company |
|
|---|---|---|
| Manohar Mangalwadhe | From Grant Thornton Bharat LLP, Internal Auditors of the Company |
|
| Mr. A Mohan Kumar | Secretarial Auditor. | |
| Mr. Preetham Hebbar | Practising Company Secretary - Scrutinizer for the e- voting process. |
|
Thereafter, Central Depository Services (India) Limited confirmed the presence of requisite quorum for the meeting.
The Chairman proceeded to conduct the meeting. He further called the meeting to order.
As AGM Notice and Annual Report for FY25 were already circulated to all Shareholders, AGM Notice convening the meeting, Board’s Report and Auditor’s Report were taken as read.
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636
Registered Office: 9[th ] Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703 / Tel: +91-22-2789 2924
Corporate Office: Solara Active Pharma Sciences Limited TICEL Bio Park, 6th Floor, Module No. 601, 602, 603, Phase II – CSIR Road, Taramani, Chennai, Tamil Nadu – 600113. Tel: +91 44 4344 6700 Fax: +91 44 47406190 E-mail: [email protected] Website: www.solara.co.in
==> picture [189 x 71] intentionally omitted <==
The members were informed that the requisite Statutory Registers along with the certificate from Mr. A. Mohan Kumar, Secretarial Auditors of the Company, certifying that the ESOP Schemes of the Company have been implemented in accordance with the SEBI Regulation and in accordance with the Shareholders’ approval were available for inspection electronically.
Further, Chairman requested Mr. Sandeep Shashikantha Rao, Managing Director & CEO to address the shareholders and take them through the financial and operational performance for March 31, 2025, amongst other matters.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Thereafter, Mr. Sandeep Shashikantha Rao, Managing Director & CEO, delivered his speech.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Ms. Pooja Jaya Kumar, the Company Secretary, invited queries from Speaker shareholders. Queries were adequately responded by Mr. Sandeep Shashikantha Rao, MD and CEO and Mr. Sarat Kumar Asuri, CFO of the Company.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Further, Shareholders were informed that:
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
The Auditors report for the Standalone and Consolidated financial statements for the financial year ended March 31, 2025 did not contain any qualification.
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
The following items of business as per the Notice of AGM dated August 29, 2025, were transacted at the meeting:
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
| Item No. |
Description / Resolutions | Type of Resolution | |
|---|---|---|---|
| Ordinary Business | |||
| 1 | Adoption of Audited Financial Statements for the financial year ended March 31, 2025 |
Ordinary Resolution | |
| 2 | Appointment of Mr. Mohan Muthunarayanan, retiring director, as an Executive Director |
Ordinary Resolution | |
| 3 | Appointment of Mr. Manish Gupta, retiring director, as a Non- Executive Director |
Ordinary Resolution | |
| Special Business | |||
| 4 | Ratification of remuneration payable to the Cost Auditor for the financial year 2025-26 |
Ordinary Resolution | |
| 5 | Approval for Material Related Party Transactions/ Contracts/ Arrangements with Strides Pharma Science Limited up to Rs. 400 crores. |
Ordinary Resolution | |
| 6 | Approval for appointment of Secretarial Auditor | Ordinary Resolution | |
The Company had provided e-voting facility to its Members through CDSL e-voting platform which commenced on September 20, 2025 and ended on September 24, 2025.
Members who had not cast their votes through remote e-voting, were provided facility to cast their vote for the next 15 Minutes.
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636 Registered Office: 9[th ] Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703 / Tel: +91-22-2789 2924
Corporate Office: Solara Active Pharma Sciences Limited TICEL Bio Park, 6th Floor, Module No. 601, 602, 603, Phase II – CSIR Road, Taramani, Chennai, Tamil Nadu – 600113. Tel: +91 44 4344 6700 Fax: +91 44 47406190 E-mail: [email protected] Website: www.solara.co.in
==> picture [189 x 71] intentionally omitted <==
The results of the e-voting would be declared along with the Scrutinizers’ Report and posted on the Company’s website within two working days of the conclusion of the AGM and the same shall be filed with both the Stock Exchanges.
Mr. R. Ramakrishnan, Chairman, thanked the Members and concluded the meeting.
Yours faithfully, For Solara Active Pharma Sciences Limited
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
POOJA JAYA Digitally signed by POOJA JAYA KUMAR KUMAR Date: 2025.09.25 19:44:06 +05'30' Pooja Jaya Kumar Company Secretary and Compliance Officer Membership No.: A57415
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
==> picture [446 x 5] intentionally omitted <==
==> picture [446 x 4] intentionally omitted <==
Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636 Registered Office: 9[th ] Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703 / Tel: +91-22-2789 2924