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SOLARA ACTIVE PHARMA SCIENCES LIMITED — Capital/Financing Update 2020
Sep 25, 2020
61842_rns_2020-09-25_b02484c4-7a41-41b9-8593-3295f6ca4939.pdf
Capital/Financing Update
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Communication Address: Solara Active Pharma Sciences Limited Batra Centre
No. 28. Sardar Patel Road. Post Box 2630 Guindy. Chennai - 600 032. India Tel : +91 44 43446700. 22207500 Fax : +91 44 22350278 E-mail : [email protected] www.solara.co.in
September 25, 2020
The BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001 Scrip Code: 541540
The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Sandra (E), Mumbai - 400 051
Scrip Code: SOLARA
Dear Sir/ Madam,
Sub: Intimation of Credit rating
Pursuant to Regulation 30 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we write to inform you that CRISIL, Credit Rating Agency, vide press release dated September 25, 2020 has upgraded the rating for the following instruments of the Company:
1 Long Term Rating CRISIL A-/Stable (Upgraded from 'CRISIL BBB+/Positive') 2 Short Term Rating CRISIL A2+ (Upgraded from 'CRISIL A2')
The above is for your information and record.
Thanking you, Yours Truly, For Solara Active Pharma Sciences Limited S. Murali Krishna Company Secretary
Solara Active Pharma Sciences Limited - CIN : L24230MH2017PLC291636 REGD. OFF: 201, Devavrata, Sector 17, Vashi Navi Mumbai - 400703. India/ Tel: 91-22-2789 2924 / 2789 3199 / Fax: 91-22-2789 2942