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SOLARA ACTIVE PHARMA SCIENCES LIMITED — Major Shareholding Notification 2021
Oct 8, 2021
61842_rns_2021-10-08_cfb07ae7-1e59-4dbc-ac47-35c989491e3c.pdf
Major Shareholding Notification
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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
October 08, 2021
BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department Phiroze Jeeejeebhoy Towers Exchange Plaza, Bandra-Kurla Complex Dalal Street, Fort Bandar (East) Mumbai 400 001 Mumbai – 400 051 Scrip Code; 541540 Scrip Code: SOLARA
Dear Sir/ Madam,
Sub: Intimation under Regulation 31A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR)
Approval received from BSE Limited and National Stock Exchange of India Limited for reclassification of shareholding from ‘Promoter Group’ to ‘Public’ Category’
Further to the application made by the Company on April 8, 2021 for reclassification of Sequent Scientific Limited from Promoter Group to Public category, please find attached approval mail dated October 7, 2021, from BSE Limited and letter dated October 7, 2021 from National Stock Exchange Limited approving the request for reclassification.
Consequent to the reclassification, the overall promoter holding as on date will be 39.53% as against 41.07 % prior to this reclassification.
We request you to take the above on record.
Thanking you, Yours faithfully,
For Solara Active Pharma Sciences Limited
S Digitally signed by S Muralikrishna Muralikrishna Date: 2021.10.08 15:14:57 +05'30'
S Murali Krishna Company Secretary & Compliance Officer
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
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Ref: NSE/LIST/138
October 07, 2021
The Company Secretary
Solara Active Pharma Sciences Limited 201, Devavrata, Sector 17, Vashi, Navi Mumbai- 400703
Sub : Approval for Reclassification of Promoters under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
This has reference to your application dated April 08, 2021 seeking Reclassification of Promoters under the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Based on submissions made by the company, the Exchange is pleased to approve your application for reclassification of following Promoter as per the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sr. No. Name 1 SEQUENT SCIENTIFIC LIMITED
You are required to ensure that the event of reclassification shall be disclosed to the Exchange as a material event in accordance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Yours faithfully,
For National Stock Exchange of India Ltd.
Charmi Dharod
Manager
CC: National Securities Depository Limited Central Depository Services Limited 4th Floor, Trade world, P.J.Towers, 28th Floor, Kamala Mills Compound, Dalal Street, Mumbai - 400 073 Senapati Bapat Marg., Lower Parel, Mumbai - 400 013
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Confidential
Abhinandhanan RS
| Abhinandhanan RS | |
|---|---|
| From: | Tanvi Patwardhan [email protected] |
| Sent: | 07 October 2021 23:23 |
| To: | Murali Krishna; Abhinandhanan RS |
| Cc: | Regulation 30 |
| Subject: | Approval letter for reclassification application_Solara Active Pharma Sciences Ltd |
CAUTION: This email has originated from outside of the organization. Do not click links or open attachments unless you recog
To,
The Company Secretary/ Compliance Officer
Solara Active Pharma Sciences Ltd
201, Devavrata, Sector 17, Vashi, Navi Mumbai, Maharashtra, 400703
Sub: Approval letter for Reclassification of Shareholders under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
We refer to your application dated April 08, 2021 seeking Reclassification of Promoter Shareholders under the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Exchange is pleased to approve your application for Reclassification of Promoter Shareholders under the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 based on submissions made by the company.
Entities mentioned in Annexure 1 shall be classified as public shareholders.
The summary of the Shareholding Pre-Reclassification & Post-Reclassification is as follows:
| Quarter | Promoter holding | Promoter holding | Public Holding | Public Holding |
|---|---|---|---|---|
| Shares Held | Percentage | Shares Held | Percentage | |
| Pre-Reclassification | 58.93 | |||
| 1,47,55,793 | 41.07 | 2,11,73,974 | ||
| Post-Reclassification | 1,42,03,710 | 39.53 | 2,17,26,057 | 60.47 |
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This email may be forwarded to the depositories and your RTA for necessary action at their end.
Encl. Annexure 1 - Details of Outgoing Promoters
Annexure 1 – Details of Outgoing Promoters
| ANNEXURE | I | |
|---|---|---|
| Sr.No.Name of the Outgoing Promoters | No. of shares | % Holding |
| 1.Sequent Scientific Limited | 5,52,083 | 1.54 |
| TOTAL | 5,52,083 | 1.54 |
Thanks and Regards, Tanvi Patwardhan Assistant Manager Listing Compliance BSE Limited, PJ Tower, Dalal Street, Mumbai – 400001 Phone (Direct): 022728148
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This mail is classified as 'BSE - PUBLIC' by Tanvi.Patwardhan on October 07, 2021 at 23:22:58.
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