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SOLARA ACTIVE PHARMA SCIENCES LIMITED Capital/Financing Update 2026

Apr 7, 2026

61842_rns_2026-04-07_3c7895bc-eaaf-4ca6-ac5f-10542faf5dc7.pdf

Capital/Financing Update

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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

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Date: April 07, 2026

The BSE Limited
Phiroze Jeejeebhoy Towers
DalalStreet,Mumbai – 400 001
The National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G, Bandra-Kurla Complex,
Bandra (E),Mumbai – 400 051

Scrip Code: 541540, 890202

Symbol: SOLARA, SOLARAPP1

Dear Sir / Madam,

Sub: Intimation regarding dispatch of Second and Final Call Money Notice to the to the eligible Partly paid Rights equity shareholders of Solara Active Pharma Sciences Limited

In continuation to our letter dated March 24, 2026, this is to inform you that the Company has sent the Second and Final Call Notice in the electronic mode on April 06, 2026, to the eligible members holding partly paidup equity shares whose e-mail address is registered with the Company or the Registrar and Share Transfer Agent (“RTA”) or Depository Participant(s) (“DP”) on the Record Date, i.e. Thursday, April 02, 2026. The Physical copy of the Second and Final Call Notice along with instructions and ASBA form have been dispatched on April 07, 2026, vide permitted modes of dispatch, to the registered addresses of those shareholders who have not registered their e-mail address with the Company or the RTA or the Depository Participant(s).

Key details of Second and Final Call Notice

Amount due and payable on ₹ 112.50/- (comprising of ₹3/- towards face value and ₹109.50/- towards Second and Final Call premium) per partly paid-up equity share

Amount due and payable on
Second and Final Call
₹112.50/- (comprising of ₹3/- towards face value and ₹109.50/- towards
premium) perpartly paid-upequityshare
Amount due and payable on
Second and Final Call
₹112.50/- (comprising of ₹3/- towards face value and ₹109.50/- towards
premium) perpartly paid-upequityshare
Amount due and payable on
Second and Final Call
₹112.50/- (comprising of ₹3/- towards face value and ₹109.50/- towards
premium) perpartly paid-upequityshare
Second
and
Final
Call
Payment Period
From To
**Days **
Thursday, April 23,
2026
Thursday, May
07, 2026
15 days (Both days
inclusive)
a.
Online ASBA
Through the website of the SCSBs
Modes of Payment b.
Physical ASBA
By submitting physical application to the
DesignatedBranchofSCSBs
c.
Online
Using the 3-in-1 online trading-demat-bank
account whereveroffered by brokers

The Second and Final Call Notice along with the detailed instructions and ASBA Application Form are also available on the Company’s website at https://solara.co.in/investor-relations/rights-issue/ or on the website of Cameo Corporate Services Limited (“RTA”) at www.cameoindia.com. The shareholders may also seek clarifications on any query related to the payment of Second and Final Call on +91 044 40020700/764/785/712 (operational from Monday to Friday from 9 AM to 5 PM) to get their queries addressed. All correspondence in this regard may be addressed to the Company’s RTA at Cameo Corporate Services Limited, Subramanian Building, No.1, Club House Road, Chennai 600 002 – India, Contact person: Ms K Sreepriya, Telephone: 044-40020700, Email: [email protected] and Investor Grievance Portal: https://wisdom.cameoindia.com.

Kindly take the above information on record.

Yours faithfully,

For Solara Active Pharma Sciences Limited

POOJA JAYA Digitally signed by POOJA JAYA KUMAR KUMAR Date: 2026.04.07 19:28:49 +05'30'

Pooja Jaya Kumar Company Secretary and Compliance Officer ICSI Membership No. A57415 Encl.: as above

Solara Active Pharma Sciences Limited - CIN: L24230MH2017PLC291636

Registered Office: 9th Floor, ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703; Tel: +91-22-20870033

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SOLARA ACTIVE PHARMA SCIENCES LIMITED

Registered Office: ‘ Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400703;

Contact No.:+91 22 20870033 Corporate Office: TICEL Bio Park, 6th floor Module No. 601, 602, 603, Phase II - CSIR Road, Taramani, Chennai, Tamil Nadu 600113. Contact No.:+91 44 43446700 Contact Person: Ms. Pooja Jaya Kumar, Company Secretary and Compliance Officer Contact No.: +91 80 46632102 E-mail: [email protected]; Website: www.solara.co.in Corporate Identification Number: L24230MH2017PLC291636

SECOND AND FINAL CALL MONEY NOTICE TO THE HOLDERS OF PARTLY PAID-UP EQUITY SHARES BEARING ISIN “IN9624Z01022” HELD AS ON THE RECORD DATE BEING THURSDAY, APRIL 02, 2026

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Second & Final Call Notice/ CAF Number: Last Date for Payment of Second & Final Call:
DP-ID / Client ID: Thursday, May 07, 2026
PAN:
Sole/ First Holder:
Address:
_______________
Joint Holder 1:
Joint Holder 2:
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Dear Shareholder,

Notice for payment of Second and Final Call Money of ₹ 112.50/- (₹ 3/- towards face value and ₹ 109.50/towards securities premium) on partly paid-up equity shares having face value of ₹ 10/- each which were Subject: issued by Solara Active Pharma Sciences Limited (“SOLARA” or “Company”) on rights basis, pursuant to the Letter of Offer dated May 09, 2024 (“Letter of Offer” or “LOF”)

In terms of the Letter of Offer, the Company had issued and allotted 1,19,98,755 (One Crore Nineteen Lakhs Ninety Eight Thousand Seven Hundred and Fifty Five) partly paid-up equity shares of face value of ₹ 10.00/- (Rupees Ten Only) (‘ Rights Shares ’) for cash at an issue price of ₹ 375/- (Rupees Three Hundred and Seventy Five Only) including a securities premium of ₹ 365/- per Rights Share on rights basis to the eligible equity shareholders of the Company, in the ratio of 1 (One) Right Share for every 3 (Three) equity shares of face value of ₹10.00/- (Rupees Ten Only) (‘ Equity Shares ’) held as on the record date being May 15, 2024.

In accordance with the terms of the Issue as mentioned in the Letter of Offer, the Company received an amount of ₹ 131.25 /- (Rupee One Hundred and Thirty-One and Paise Twenty-Five Only) per Rights Share on application and the partly paid-up Rights Shares were allotted on June 19, 2024. The balance amount of ₹ 243.75 /- (Rupees Two Hundred and Forty Three and Paise Seventy Five Only) per partly paid-up Equity Shares (comprising ₹6.50 towards face value and ₹237.25/- towards Securities Premium) was payable upon subsequent call(s), with terms and conditions such as the number of calls and the timing and quantum of each call at its sole discretion, by our Board (“ Board ”) or the Rights Issue Committee.

The Rights Issue Committee of the Company at its meeting held on Wednesday, March 26, 2025 approved to make the first call of ₹ 131.25 /- (Rupee One Hundred and Thirty-One and Paise Twenty-Five Only) per partly paid-up equity share (comprising of ₹ 3.5 towards face value and ₹ 127.75 towards premium) in respect of outstanding partly paid-up Equity Shares, which was payable between Wednesday, April 16, 2025 and Wednesday, April 30, 2025 both days inclusive.

Now, the Rights Issue Committee at its meeting held on Tuesday, March 24, 2026, has decided and approved:

  1. To make Second & Final Call of ₹ 112.50 /- (Rupees One Hundred and Twelve and Paise Fifty Only) (comprising of ₹ 3/towards face value and ₹ 109.50/- towards securities premium) per Rights Share in respect of the outstanding partly paid Rights Shares, pursuant to the Letter of Offer dated May 09, 2024. Please note this is the Second & Final Call and there will be no further calls with respect to the Issue.

  2. Fixation of the record date as Thursday, April 02, 2026, (“Second and Final Call Record Date”) for the purpose of ascertaining the holders of partly paid-up equity shares to whom the Second & Final Call Notice, for payment of the Second & Final Call money, would be sent, and the same has been intimated by the Company to the Stock Exchanges [i.e. BSE Limited (“ BSE ”) and The National Stock Exchange of India Limited (“ NSE ”)] (hereinafter together referred as the “Stock Exchange” );

Page 1 of 7

  1. Fixation of the period of Second & Final Call (both days inclusive):
From Thursday, April 23, 2026
Last day by which the Call Money shall be
payable
Thursday, May 07, 2026
Duration **15(Fifteen) Days **

Accordingly, the Second & Final Call Notice is hereby given to you to pay the Second & Final Call money as per details given below:

No. of partly paid-up Right Shares held as on
Second and Final Call Record Date, i.e.,
~~T~~hursday, April 02, 2026
No. of partly paid-up Right Shares held as on
Second and Final Call Record Date, i.e.,
~~T~~hursday, April 02, 2026
No. of partly paid-up Right Shares held as on
Second and Final Call Record Date, i.e.,
~~T~~hursday, April 02, 2026


Amount due and payable at ₹112.50/- (comprising of ₹3/- towards
face value and ₹109.50/- towards premium) per partly paid-up equity
share
(₹ in figures)
Modes of a.
Online ASBA
Through the website of the SCSBs(1)
b.
Physical ASBA
By submitting physical application to the Designated Branch of SCSBs(1)
Payment c.
Online
Using the 3-in-1 online trading-demat-bank account wherever offered by
brokers

Detailed instructions for payment of the Second & Final Call Money are enclosed as Annexure – I.

You are requested to make the payment of the Second & Final Call Money on or before Thursday, May 07, 2026. (Closure of payment Period)

Please note that the trading of ₹7/- partly paid-up equity shares of the Company (ISIN: IN9624Z01022) has been suspended on the Stock Exchange with effect from Thursday, April 02, 2026, on account of the Second & Final Call.

Please also note the consequences of failure to pay Second & Final Call as given below:

  • a. The Company shall be entitled to deduct from any future dividend payable to you, all sums of money outstanding on account of calls; due thereon in relation to the partly paid-up equity shares of the Company; and

  • b. The partly paid-up equity shares of the Company currently held by you, including the amount already paid thereon may be liable to be forfeited on failure to pay the Second & Final Call, in accordance with the Articles of Association of the Company and the Letter of Offer.

The Second & Final Call Money Notice along with the Detailed Instructions and ASBA Application Form are also available on the Company’s website at www.solara.co.in or on the website of Cameo Corporate Services Limited ( “RTA” ) at https://rights.cameoindia.com/solarasecondcall or on the website of the BSE Limited (“ BSE ”), i.e., at www.bseindia.com and the National Stock Exchange of India Limited (“ NSE ”) i.e., at www.nseindia.com.

Please refer to the FAQs on Second & Final Call Money available on the website of the Company www.solara.co.in or on the website of Cameo Corporate Services Limited ( “RTA” ) at https://rights.cameoindia.com/solarasecondcall. You may also seek clarifications on any query related to the payment of Second & Final Call on +91 044 40020700/764/785/712 (operational from Monday to Friday from 9 AM to 5 PM) and get your queries addressed.

All capitalized terms not defined herein would have the same meaning as attributed to it in the Letter of Offer.

Yours faithfully,

For Solara Active Pharma Sciences Limited

Pooja Jaya Kumar Company Secretary & Compliance Officer Membership No.: A57415

Date: April 06, 2026 Place: Chennai

Encl.: As Above

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Annexure - I

DETAILED INSTRUCTIONS

MODE OF DISPATCH OF THE SECOND & FINAL CALL NOTICE

In terms of the provisions of the Companies Act, 2013 ( “the Act” ), read with the relevant rules made thereunder, the Second and Final Call Notice is being sent in electronic mode to Eligible Shareholders, whose e-mail address is registered with the Company or its Registrar and Share Transfer Agent – Cameo Corporate Services Limited ( “RTA” ) or “ Registrar ”) or the Depository Participant(s) as on the Second and Final Call Record Date. The Second and Final Call Money Notice along with the detailed instructions and ASBA Application Form are also available on the Company’s website at www.solara.co.in. Physical copy of the Second and Final Call Notice along with the detailed instructions and ASBA Application Form are also being sent to eligible shareholders whose email id’s are not registered.

PAYMENT INSTRUCTIONS

Please note that:

  • i. cash payment shall not be accepted.

  • ii. no part payment will be accepted, and part payment will be treated as non-payment which shall render the partly paid-up equity shares, including the amount already paid thereon, liable to be forfeited in accordance with the provisions of the Act, the Articles of Association of the Company and the Letter of Offer.

  • iii. In respect of the partly paid-up equity shares, where the Second and Final Call amount has been paid during the Payment Period from Thursday, April 23, 2026 to Thursday, May 07, 2026, the Board / duly authorised Committee of the Board, at its discretion, may opt to convert such partly paid-up equity shares to the extent paid-up, in tranches and at such intervals as it may deem appropriate including conversion during the Payment Period. However, please note that payments in respect of partly paid-up equity shares for a particular demat account / folio no., shall be made only once during the Payment Period (and not in multiple tranches) and the subsequent payments made, post the first payment made during the Payment Period, will be liable to be rejected.

  • iv. Payments made using third party bank accounts are liable to be rejected and the Company and the Registrars for the Second & Final Call, Cameo Corporate Services Limited, shall rely on the self-certification of the transaction in this regard.

Shareholders shall ensure that the partly paid up shares are held in the demat account which is mentioned on the ASBA bid. If the RTA finds during validations that the partly paid shares are held under a different demat account then such request for conversion to fully paid will not be accepted and the payment made will be returned. If the shareholder misses the opportunity to convert the shares into fully paid on account of this reason, neither the RTA nor the company can be held responsible for the same.

  • v. Excess / duplicate amount paid or amount paid by person who is not a shareholder as on the Second and Final Call Record Date or short payment made by a shareholder (in case the same cannot be adjusted towards payment of Second and Final Call Money), will be refunded as per following methods: ASBA Mode – Unblocking of funds in ASBA Account.

  • vi. After the last date of payment, i.e Thursday, May 07, 2026, the Registrar, Cameo Corporate Services Limited, will not accept any Second & Final Call Money payment.

  • vii. The Company will not be liable for any delayed receipt and reserves the right to reject such delayed receipts.

PAYMENT MODES

You are requested to pay the Second & Final Call Money immediately, using any of the following modes:

1. For payment through Physical/Online ASBA

  • a) Online ASBA - Through the website of the SCSBs*, to block the Second & Final call money payable in their

ASBA Account

b) Physical ASBA - By submitting physical application form (enclosed as Annexure II ) to the Designated Branch of SCSBs*

* Please visit https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=35 to refer to the list of existing SCSBs [Self-Certified Syndicate Banks]

2. For payment through a 3-in-1 Account:

  • i. In accordance with the SEBI circular no. SEBI/HO/CFD/DIL1/CIR/238/2020 dated December 8, 2020, Eligible Shareholders can also make the Second & Final Call Money payment by using the facility of linked online trading dematbank account [3-in-1 type accounts], provided by some of the brokers.

  • ii. Eligible Shareholders must log into their demat account and under the relevant section proceed with the payment for Second & Final Call Money of Solara Active Pharma Sciences Limited.

  • iii. Eligible Shareholders are requested to check with their respective brokers for the exact process to be followed.

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  • iv. Eligible Shareholders may please note that this payment method can be used only if the broker concerned has made this facility available to their customers. The Company or the Registrar will not be responsible for the non- availability of this payment method to the shareholders.

Part Payment

Eligible Shareholders are advised to make payment in full for the Second & Final call. If the amount paid is less than the Second & Final call due, such amount will be adjusted at ₹112.50 per partly paid-up equity share and the balance money which cannot be adjusted for a whole share will be refunded. Such Eligible Shareholder will be deemed “in arrears of payment of Second & Final call” to the extent of partly paid-up equity shares on which the Second & Final call remains unpaid and the consequences of failure to pay the Second & Final call would apply to him.

For example - If a shareholder holds 10 partly paid-up equity shares as on the Second & Final Call Record Date, the aggregate amount payable by such holder pursuant to the Second & Final Call Money will be ₹ 1,125/-. If such holder makes a partial payment of ₹ 562.50/-, such holder will receive such number fully paid up Equity Shares converted in proportion to the payment made i.e., 5 fully paid Equity Shares. Partly paid-up equity shares in respect of which the Second & Final Call Money payable remains unpaid may be forfeited, in accordance with the provisions of the Act, the Articles of Association of the Company and the Letter of Offer.

Non-payment

Please note that failure to pay the Second & Final Call Money, as aforesaid, shall render the partly paid-up equity share(s), including the amount already paid thereon, liable to be forfeited in accordance with the Act, the Articles of Association of the Company, and the Letter of Offer.

Other Information:

  • i. The trading in ISIN: IN9624Z01022 representing partly paid-up equity shares of face value of ₹ 10/- each (₹ 7/- paid-up) has been suspended by the Stock Exchange with effect from Thursday, April 02, 2026.

  • ii. The process of corporate action for converting the ₹ 7.00 partly paid-up equity shares to ₹ 10 fully paid-up equity shares under the present ISIN – INE624Z01016 for the existing fully paid-up Equity Shares ₹ 10, allotted by the depositories, is estimated to be completed on a best effort basis within two - three weeks once the Board/ duly authorised Committee of the Board opt to convert such ₹ 7.00 partly paid-up equity shares to ₹ 10 fully paid-up equity shares. However, as mentioned above, in relation to the partly paid-up Equity Shares for which the Second and Final Call Money amount has been paid, the Board/duly authorized Committee of the Board, at its discretion may opt to convert such ₹ 7.00 partly paidup equity shares to ₹ 10 fully paid-up equity shares, in tranches and at such intervals as it may deem appropriate. However, payments in respect of partly paid-up Equity Shares for a particular demat account, shall be accepted only once (and not in multiple tranches) and the subsequent payments made, post the first payment made during the Payment Period, will be liable to be rejected.

  • iii. Upon completion of the corporate action, the ₹ 7 partly paid-up Equity Shares shall be converted into ₹ 10 fully paid-up Equity Shares and would be credited to ISIN - INE624Z01016.

  • iv. In case of non-receipt of the Second & Final Call Notice, Eligible Shareholders can request by e-mail or letter, for the Second & Final Call Notice to the Registrar or may also download the same from the Company’s website: www.solara.co.in or on the website of Cameo Corporate Services Limited ( “RTA” ) at https://rights.cameoindia.com/solarasecondcall

  • v. The Eligible Shareholder must mention his/her PAN number allotted under the Income Tax Act, 1961.

  • vi. Eligible Shareholders must ensure that their PAN is linked with Aadhaar and are in compliance with the notification dated February 13, 2020, issued by Central Board of Direct Taxes and press release dated June 25, 2021 and September 17, 2021.

  • vii. This intimation does not constitute an offer of, or a solicitation of an offer to purchase, any securities of the Company in any jurisdiction where offers or solicitations are not permitted by law. The information is solely intended for distribution to, and use by, the Eligible Shareholders only and is not to be reproduced, transmitted or distributed to any other person.

viii. All correspondence in this regard may be addressed to:

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Cameo Corporate Services Limited

Unit: Solara Active Pharma Sciences Ltd – Partly paid up conversion Subramanian Building, No.1 Club House Road, Chennai 600 002. PHONE: 044-40020700

Email: [email protected] Investor Grievance E-Mail id: [email protected] Website: www.cameoindia.com Contact Person: Ms.K.Sreepriya SEBI Registration No: INR000003753

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Annexure - II

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Corporate Identity Number: L24230MH2017PLC291636

Registered Office: ‘Cyber One’, Unit No. 902, Plot No. 4 & 6, Sector 30A, Vashi, Navi Mumbai - 400 703; Telephone No.: +91 22 20870033 Corporate Office: TICEL Bio Park, 6th floor Module No. 601, 602, 603, Phase II - CSIR Road, Taramani, Chennai, Tamil Nadu – 600113. Telephone: +91 44 43446700; E-mail: [email protected]; Website: www.solara.co.in

Contact Person: Ms. Pooja Jaya Kumar, Company Secretary and Compliance Officer. Telephone No.: +91 80 46632102

SOLARA ACTIVE PHARMA SCIENCES LIMITED- SECOND & FINAL CALL MONEY

ASBA APPLICATION FORM

(ONLY TO BE USED WHILE PAYING THROUGH PHYSICAL ASBA FACILITY)

1. NAME AND CONTACT DETAILS OF APPLICANT(S)

Name of Sole/First Applicant Name of Second Applicant Name of Third Applicant Indian Address (sole/first applicant) E-mail Telephone / Mobile No.

2. PERMANENT ACCOUNT NUMBER (PAN)

Sole / First Applicant Second Applicant Third Applicant

3. TYPE OF APPLICANTS (Please tick 🗸 ):

 Resident  Non-Resident

Note: Non-resident Applicants applying on non-repatriation basis should select “Resident”.

4. DEPOSITORY ACCOUNT DETAILS: please provide your DP ID and Client ID (Please tick 🗸 for NSDL or CDSL): -

 NSDL  CDSL

For NSDL enter 8-digit DP ID followed by 8-digit Client ID / For CDSL enter 16-digit Client ID

Note: Transfer of fully paid equity shares shall be made in dematerialized form only.

5. APPLICATION DETAILS

- Partly Paid up Rights Equity Share(s) held on Second & Final Call Record Date i.e. Thursday, April 02, 2026. Number of Partly paid-up equity shares held by Eligible Shareholder on Second and Final Call Record Date [I]

Total amount payable on Second & Final Call Money at [I] x ₹ 112.50/₹ 112.50/- per partly paid-up equity share(s) [II] Total amount payable (₹ in Figures) Total amount payable (₹ in Words)

ASBA Bank A/c No.

Name of the ASBA Account Holder:____________

SCSB Name and Address: _______________

I/We authorise the SCSB to block the amount specified above as part of the ASBA process. I/ We confirm that I/ we are making the payment towards the Second & Final Call Money of ₹ 112.50/- per partly paid-up equity share of Solara Active Pharma Sciences Limited. I/ We confirm that I/ we are making the payment through my/ our bank account only and not using any third-party bank account for making such payment. Further, I/we confirm that the ASBA Account is held in my/ our own name.

Page 5 of 7

Further, I/we understand that partly paid-up equity shares in respect of which the Second & Final Call Money remains unpaid may be forfeited, at any time after the due date for payment of the balance amount due in accordance with the Companies Act, 2013 and the Articles of Association of the Company.

SIGNATURE OF ASBA BANK ACCOUNT HOLDER(S)

Sole/First Account Holder

Second Joint Account Holder

Third Joint Account Holder

Note: Signature(s) as per the specimen recorded with the SCSB. In case of joint shareholders, all the joint shareholders must sign in the same sequence as per specimen recorded with the SCSB.

6. SIGNATURE OF APPLICANT(S)

I/We hereby confirm that I/We have read, understood and accept the terms and conditions of the Second & Final Call Money Notice. I/We hereby confirm that I/we have read the Instructions for filling up this Application Form given overleaf. I/We understand that in case of successful acceptance of the Second & Final Call Money, my/our Beneficiary Account as mentioned in this Application Form would get credited in the fully paid equity share(s) of ₹ 10/- each of Solara Active Pharma Sciences Limited towards which Second & Final Call Money has been paid by me/us.

Sole/First Account Holder Second Joint Account Holder Third Joint Account Holder

Note: Signature(s) as per the specimen recorded with the SCSB. In case of joint shareholders, all the joint shareholders must sign in the same sequence as per specimen recorded with the SCSB.

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-----------------------------------------------------------------Tear Here-------------------------------------------------------------------

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Solara Active Pharma Sciences Limited – Second & Final Call Money Acknowledgement Slip For applicant(s)Application Form No.

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Received from Collecting SCSBs Sign & Seal
PAN
DP ID and
Client ID
Amount Bank
Blocked (₹ in &Branch
Figures)
ASBA Bank Date
A/c No.
Tel. /Mobile Email Id:
No.
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GENERAL INSTRUCTIONS

  • a) Please read the instructions printed on the Application Form carefully.

  • b) The Application form can be used by the Eligible Shareholders holding partly paid-up equity share(s) of Solara Active Pharma Sciences Limited on the Second & Final Call Record Date. Investors should carefully read the provisions applicable to such Applications before making their Application through ASBA. For details, please refer “Payment Modes - For payment through Physical/Online ASBA ” in the Annexure I to the Second & Final call Money Notice.

  • c) Application forms should be submitted to the Designated Branch of the SCSB or made online/electronic through the website of the SCSBs (if made available by such SCSB) for authorising such SCSB to block Second & Final Call Money payable in their respective ASBA Accounts. Please note that on the last date of payment i.e. Thursday, May 07, 2026, Applications through ASBA process will be uploaded until 05:00 p.m. (Indian Standard Time).

  • d) An Eligible Shareholder, wishing to pay the Second & Final Call Money through the ASBA facility, is required to have an ASBA-enabled bank account with an SCSB, prior to making the Application.

  • e) The Application form should be completed in all respects. Any Application Form found incomplete with regard to any of the particulars required to be given therein, and/or which are not completed in conformity with the terms of the Second & Final Call Money Notice is liable to be rejected. The Application Form must be filled in English only.

  • f) Application forms should not be submitted to the Collection Bank (assuming that such Collection Bank is not an SCSB), the Company or the Registrar.

  • g) In case of Application and payment through ASBA facility, Eligible Shareholders are required to provide necessary details, including details of the ASBA Account, authorization to the SCSB to block an amount equal to the Second & Final Call Money in the ASBA Account mentioned in the Application Form.

  • h) All Applicants/ Eligible Shareholders, and in the case of Application in joint names, each of the joint Applicants/ Eligible Shareholders, should mention their PAN allotted under the Income- tax Act, irrespective of the amount of the Application, except for Applications on behalf of the Central or the State Government, the residents of Sikkim and the officials appointed by the courts. Applications without PAN will be considered incomplete and are liable to be rejected.

  • i) Eligible Shareholders must ensure that their PAN is linked with Aadhaar and are in compliance with the notification dated February 13, 2020 issued by Central Board of Direct Taxes and press release dated June 25, 2021 and September 17, 2021.

  • j) Application through ASBA facility, all payments will be made only by blocking the amount in the ASBA Account.

  • k) For physical Applications through ASBA at Designated Branches of SCSB, signatures should be either in English or Hindi or in any other language specified in the Eighth Schedule to the Constitution of India. Signatures other than in any such language or thumb impression must be attested by a Notary Public or a Special Executive Magistrate under his/her official seal. The Eligible Shareholders must sign the Application form as per the specimen signature recorded with the SCSB.

  • l) In case of joint holders and physical Applications through ASBA process, all joint account holders must sign the relevant part of the Application Form in the same order and as per the specimen signature(s) recorded with the SCSB. In case of joint Applicants/ Eligible Shareholders, reference, if any, will be made in the first Applicant’s/ Eligible Shareholders name and all communication will be addressed to the first Applicant/Eligible Shareholders.

  • m) Please note that Application form without depository account details shall be treated as incomplete and shall be rejected.

  • n) Please note that Applications through ASBA may be submitted at all designated branches of the SCSBs available on the SEBI website. Please visit https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=35 to refer to the list of existing SCSBs [Self-Certified Syndicate Banks] updated from time to time, or at such other website as maybe prescribed by SEBI from time to time.

LIST OF SELF CERTIFIED SYNDICATE BANKS (SCSBs)

For the Second and Final Call Money, following banks would be acting as SCSB: 1. . AU Small Finance Bank Limited 2. Axis Bank Ltd 3. Bandhan Bank Limited 4. Bank of Baroda 5. Bank of India 6. Bank of Maharashtra 7. Barclays Bank Plc. 8. BNP Paribas 9. Canara Bank 10. Capital Small Finance Bank Limited 11. Central Bank of India 12. CITI Bank 13. City Union Bank Ltd. 14. Credit Suisse AG, Mumbai Branch 15. DBS Bank Ltd. 16. Deutsche Bank 17. Deutsche Bank AG 18. Dhanlaxmi Bank Limited 19. Equitas Small Finance Bank 20. HDFC Bank Ltd. 21. ICICI Bank Ltd. 22. IDBI Bank 23. IDFC FIRST Bank 24. Indian Bank 25. Indian Overseas Bank Ltd. 26. IndusInd Bank Ltd. 27. J. P. Morgan Chase Bank,N. A. 28. Jammu and Kashmir Bank 29. Jana Small Finance Bank Limited 30. Janata Sahakari Bank Ltd. 31. Karnataka Bank Ltd.. 32. Kotak Mahindra Bank Ltd. 33. Mehsana Urban Cooperative Bank Limited 34. Nutan Nagarik Sahakari Bank Ltd. 35. Punjab National Bank 36. Rajkot Nagarik Sahakari Bank Ltd 37. RBL Bank Limited 38. South Indian Bank 39. Standard Chartered Bank 40. State Bank of India 41. SVC Cooperative Bank Ltd. 42. Tamilnad Mercantile Bank Ltd. 43. The Ahmedabad Mercantile Co-Op. Bank Ltd. 44. THE FEDERAL BANK LIMITED 45. THE HONGKONG & SHANGHAI BKNG. CORPN. LTD 46. The Kalupur Commercial Cooperative Bank Ltd. 47. THE KARUR VYSYA BANK LIMITED 48. The Saraswat Co- Operative Bank Ltd 49. The Surat Peoples Co-op Bank Ltd 50. TISB Sahakari BankLtd 51. UCO Bank 52. Union Bank of India 53. Utkarsh Small Finance Bank Limited 54. YES Bank Ltd.

  • o) Eligible Shareholders can access the Second & Final Call Money Notice and annexures mentioned herein on the websites of:

i. Company at https://solara.co.in/investor-relations/rights-issue/ ii. Registrar at https://rights.cameoindia.com/solarasecondcall and iii. the Stock Exchanges at www.bseindia.com; www.nseindia.com

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