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SOLARA ACTIVE PHARMA SCIENCES LIMITED M&A Activity 2019

Dec 23, 2019

61842_rns_2019-12-23_98ec4c3e-9207-48b0-84ac-f541c8489cc1.pdf

M&A Activity

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SOLARA Active Pharma Sciences

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Communication Address: Sciara 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

December 23, 2019

The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001

The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Sandra (E), Mumbai - 400 051

Scrip Code: 541540

Scrip Code: SOLARA

Dear Sir/ Madam,

Subject: Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

Ref: Merger of Strides Chemicals Private Limited with Solara Active Pharma Sciences Limited

This is to inform that, the Hon'ble National Company Law Tribunal, Mumbai bench ("NCL T") at its hearing dated December 20, 2019 has pronounced an order sanctioning the scheme of merger between Strides Chemicals Private Limited, Solara Active Pharma Sciences Limited and their respective shareholders, under the provisions of Sections 230- 232 and other applicable provisions of Companies Act, 2013. The certified copy of the order passed by the NCL T is awaited.

The Company will intimate the stock exchanges on the effective date of the merger after the certified copy of the sanction order is obtained from the NCLT.

The Appointed date for the merger is September 1, 2018.

Kindly take the above information on record.

Thanking you, Yours faithfully, For Solara Active Pharma Sciences Limited

M�:t� f. Company Secretary

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Solara Active Pharma Sciences Limited - CIN : L24230MH2017PLC291636 REGD. OFF: 201, Devavrata, Sector 17, Vashi Navi Mumbai - 400703. India/ Tel: 91-22-2789 2924 I 2789 3199 / Fax: 91-22-2789 2942