SOLARA ACTIVE PHARMA SCIENCES LIMITED — Regulatory Filings 2021

Apr 15, 2021

Date: 07 April, 2021

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

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

Scrip Code: 541540

Symbol: SOLARA

Sub: Disclosure under Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Dear Sir/Madam,

We hereby submit disclosures from Promoter / Promoter Group and PAC acting with them of M/s. Solara Active Pharma Sciences Limited, disclosing their shareholding as at 31 March, 2021 in terms of Regulation 30(1) & 30(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

This is for your kind information and record.

Thanking you,

Yours faithfully,

For and on behalf of Promoters, Promoter Group and PAC acting with them, of Solara Active Pharma Sciences Limited

Ramaprasad JS Authorised Signatory

Encl.: as above

Cc: Solara Active Pharma Sciences Limited 201, Devavrata, Sector 17, Vashi Navi Mumbai, Mumbai City-400703, Maharashtra

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 as on 31 March, 2021

1. Name of the Target Company (TC)		Solara Active Pharma Sciences Limited
		CIN: - L24230MH2017PLC291636
	2. Name(s) of the Stock Exchange(s)	1. National Stock Exchange of India Limited
	where the shares of the TC are	BSE Limited 2.
	listed
	3. Particulars of the Shareholder (s)	Mr. Arun Kumar Pillai $1_{-}$
		Mr. K R Ravishankar 2.
		3. M/s Pronomz Ventures LLP
	1. Name of the person(s)	Ms. Yalavarthy Usha Rani 4.
	together with Persons	Ms. Sajitha Pillai 5.
	Acting in Concert (PAC) whose total	Ms. K R Lakshmi 6.
	holding (including that in the form	Ms. Rajitha Gopalakrishnan 7. Mr. Padmakumar Karunakaran Pillai 8.
	of shares, warrants,	Ms. Vineetha Mohanakumar Pillai 9.
	convertible securities and	10. Ms. Deepa Arun Kumar
	any other instrument that	11. Ms. Hemalatha Pillai
	would entitle the holder to	12. Mr. Aditya Arun Kumar
	receive shares in the TC) is	13. Ms. Tarini Arun Kumar
	more than 25% of the	14. M/s. Chayadeep Properties Private Limited
	voting rights of the TC-NA	15. M/s. Karuna Ventures Private Limited
		16. M/s. Chayadeep Ventures LLP
	or	17. M/s. Triumph Venture Holdings LLP
		18. M/s. Agnus Holdings Private Limited
	2. Name (s) of promoter(s),	19. M/s. Devicam Capital LLP
	member of the promoter	20. M/s. Karuna Business Solutions LLP
	group and PAC with him.	21. M/s. Agnus Capital LLP
		22. M/s. SRJR Enterprise LLP

Part-A- Details of Shareholding

$\overline{z}$

$\bar{\bar{z}}$

4. Particulars of the shareholding of person(s) mentioned at (3) above	Number of shares	% w.r.t. total share/ voting capital wherever applicable	$\%$ of the total diluted share/ voting capital of TC $(*)$
As of March 31, 2021, holding of:
MR. ARUN KUMAR PILLAI 1.
Shares a)	31,68,463	8.82	8.82
Voting Rights (otherwise than by shares) b)		$\overline{a}$	$\overline{\phantom{a}}$
Warrants $\overline{c}$ )	÷	$\blacksquare$	$\overline{\phantom{a}}$
d) Convertible Securities	$\frac{1}{2}$	$\overline{\phantom{0}}$	$\overline{\phantom{a}}$
e) Any other instrument that would entitle the holder to receive shares in the TC	$\overline{a}$
Total	31,68,463	8.82	8.82
2. MR. K R RAVISHANKAR
Shares a)	13,25,260	3.69	3.69
b) Voting Rights (otherwise than by shares)	i.	ä,	$\overline{\phantom{0}}$
Warrants $\mathcal{C}$	$\frac{1}{2}$	ä,	$\overline{\phantom{0}}$
Convertible Securities d)		$\qquad \qquad \blacksquare$	$\overline{\phantom{a}}$
Any other instrument that would entitle the e) holder to receive shares in the TC
Total	13,25,260	3.69	3.69
M/S PRONOMZ VENTURES LLP 3 1
Shares a)	31,90,831	8.88	8.88
Voting Rights (otherwise than by shares) b		$\overline{a}$	$\overline{\phantom{a}}$
Warrants $\mathcal{C}$	$\overline{a}$	$\overline{a}$	$\overline{\phantom{a}}$
Convertible Securities d	ä,	ä,	$\overline{a}$
Any other instrument that would entitle the e) holder to receive shares in the TC
Total	31,90,831	8.88	8.88
MS. YALAVARTHY USHA RANI 4.
Shares a)	6,000	0.02	0.02
Voting Rights (otherwise than by shares) b)		÷,	u,
Warrants $\mathcal{C}$	ä,	$\overline{\phantom{a}}$	$\blacksquare$
Convertible Securities d)	ä,	ä,	ä,
Any other instrument that would entitle the e)	$\overline{a}$
holder to receive shares in the TC
Total	6,000	0.02	0.02

$\label{eq:2.1} \begin{array}{ll} \mathcal{L}{\text{max}} & \mathcal{L}{\text{max}} \ \mathcal{L}{\text{max}} & \mathcal{L}{\text{max}} \end{array}$

$\bar{t}$

$\sim$

5. MS. SAJITHA PILLAI
Shares a)	33,333	0.09	0.09
Voting Rights (otherwise than by shares) b)
Warrants $\mathcal{C}$
Convertible Securities d		$\qquad \qquad \blacksquare$	$\overline{\phantom{a}}$
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	33,333	0.09	0.09
MS. K R LAKSHMI 6.
Shares a)	21,727	0.06	0.06
Voting Rights (otherwise than by shares) b)		$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Warrants $\mathcal{C}$
Convertible Securities d)
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	21,727	0.06	0.06
MS. RAJITHA GOPALAKRISHNAN 7.
Shares a)	27,500	0.08	0.08
Voting Rights (otherwise than by shares) b)
Warrants $\mathcal{C}$
Convertible Securities d)
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	27,500	0.08	0.08
8. MR. PADMAKUMAR KARUNAKARAN PILLAI
Shares a)	51,393	0.14	0.14
Voting Rights (otherwise than by shares) b)
Warrants $\mathcal{C}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Convertible Securities d)	-	$\overline{\phantom{000000000000000000000000000000000000$	$\overline{\phantom{0}}$
Any other instrument that would entitle the e) holder to receive shares in the TC
Total	51,393	0.14	0.14
9. MS. VINEETHA MOHANAKUMAR PILLAI
Shares a)	49,166	0.14	0.14
Voting Rights (otherwise than by shares) $\mathbf{b}$
Warrants $\mathcal{C}$
Convertible Securities d
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	49,166	0.14	0.14

$\bar{t}$

$\sim$

10. MS. DEEPA ARUN KUMAR
Shares a)	53,500	0.15	0.15
Voting Rights (otherwise than by shares) b)		÷	$\overline{\phantom{a}}$
Warrants c)		$\overline{\phantom{0}}$
Convertible Securities d)
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	53,500	0.15	0.15
11. MS. HEMALATHA PILLAI
Shares a)	35,813	0.10	0.10
Voting Rights (otherwise than by shares) b)
Warrants $\mathcal{C}$
Convertible Securities d)		$\overline{\phantom{0}}$	$\bar{a}$
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	35,813	0.10	0.10
12. MR. ADITYA ARUN KUMAR
Shares a)	53,333	0.15	0.15
Voting Rights (otherwise than by shares) b)			$\overline{\phantom{a}}$
Warrants $\mathcal{C}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Convertible Securities d)
Any other instrument that would entitle the e)
holder to receive shares in the TC Total		0.15	0.15
13. MS. TARINI ARUN KUMAR	53,333
Shares f)	53,333	0.15	0.15
Voting Rights (otherwise than by shares) g)
Warrants h)
Convertible Securities i
Any other instrument that would entitle the j)
holder to receive shares in the TC
Total	53,333	0.15	0.15
14. M/S. CHAYADEEP PROPERTIES PRIVATE LIMITED
Shares a)	5,25,730	1.46	1.46
b) Voting Rights (otherwise than by shares)	$\qquad \qquad -$	$\overline{a}$	$\overline{\phantom{a}}$
Warrants $\mathcal{C}$
Convertible Securities d
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	5,25,730	1.46	1.46

$\overline{\phantom{a}}$

15. M/S. KARUNA VENTURES PRIVATE LIMITED
Shares a)	1,03,333	0.29	0.29
Voting Rights (otherwise than by shares) b)
Warrants $\mathcal{C}$			$\overline{\phantom{0}}$
Convertible Securities d		÷,	$\overline{\phantom{a}}$
Any other instrument that would entitle the e)	$\overline{\phantom{a}}$
holder to receive shares in the TC
Total	1,03,333	0.29	0.29
16. M/S. CHAYADEEP VENTURES LLP
Shares a)	10,05,000	2.80	2.80
b) Voting Rights (otherwise than by shares)
Warrants $\mathcal{C}$
Convertible Securities d)		$\overline{\phantom{m}}$
e) Any other instrument that would entitle the
holder to receive shares in the TC
Total	10,05,000	2.80	2.80
17. M/S. TRIUMPH VENTURE HOLDINGS LLP
Shares a)	5,989	0.02	0.02
Voting Rights (otherwise than by shares) b)
Warrants $\mathcal{C}$
Convertible Securities d		$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Any other instrument that would entitle the e)
holder to receive shares in the TC
Total	5,989	0.02	0.02
18. M/S. AGNUS HOLDINGS PRIVATE LIMITED
Shares a)	72,181	0.20	0.20
Voting Rights (otherwise than by shares) b)			$\overline{\phantom{a}}$
Warrants $\mathcal{C}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Convertible Securities $d$ )
Any other instrument that would entitle the e)
holder to receive shares in the TC Total
19. M/S. DEVICAM CAPITAL LLP	72,181	0.20	0.20
Shares f)	1,51,546	0.42	0.42
Voting Rights (otherwise than by shares) g)
h) Warrants
Convertible Securities i)
Any other instrument that would entitle the j)
holder to receive shares in the TC
Total	1,51,546	0.42	0.42
20. M/S. KARUNA BUSINESS SOLUTIONS LLP
f) Shares	28,12,121	7.83	7.83
Voting Rights (otherwise than by shares) g)		$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Warrants h)	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$
Convertible Securities i)	$\overline{\phantom{a}}$	$\overline{\phantom{0}}$	$\overline{\phantom{a}}$

Any other jnstrument that would entitle the j)
holder to receive shares in the TC
Total	28,12,121	7.83	7.83
21. M/S. AGNUS CAPITAL LLP
Shares	8,49,635	2.36	2.36
Voting Rights (otherwise than by shares) g	$\sim$ 100 $\mu$
h) Warrants
Convertible Securities		$\overline{\phantom{a}}$
Any other instrument that would entitle the j)
holder to receive shares in the TC
Total	8,49,635	2.36	2.36
22. M/S. SRJR ENTERPRISE LLP
Shares f)	17,00,100	4.73	4.73
Voting Rights (otherwise than by shares) g)
Warrants h l
Convertible Securities
Any other instrument that would entitle the i)
holder to receive shares in the TC
Total	17,00,100	4.73	4.73

Total Promoter holding of equity shares as on 31 March, 2021 is 1,52,95,287 shares constituting 42.57 % of the total paid up equity capital of the Company

For and on behalf of Promoters, Promoter group and PAC acting with them of Solara Active Pharma Sciences Limited

Place: Bengaluru Date: 07 April, 2021

Ramaprasad JS Authorised Signatory

Part- $B**$

$\bar{\mathrm{z}}$

$\bar{z}$

Name of the Target Company: Solara Active Pharma Sciences Limited

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S. No	Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/Promoter group	PAN of the person and PACs
$\mathbf{1}$	MR. ARUN KUMAR PILLAI	Promoter
$\overline{2}$	MR. K R RAVISHANKAR	Promoter
3	M/s PRONOMZ VENTURES LLP	Promoter
$\overline{4}$	MS. YALAVARTHY USHA RANI	Promoter Group
5	MS. SAJITHA PILLAI	Promoter Group
6	MS. K R LAKSHMI	Promoter Group
$\overline{7}$	MS. RAJITHA GOPALAKRISHNAN	Promoter Group
8	MR. PADMAKUMAR KARUNAKARAN PILLAI	Promoter Group
9	MS. VINEETHA MOHANAKUMAR PILLAI	Promoter Group
10	MS. DEEPA ARUN KUMAR	Promoter Group
11	MS. HEMALATHA PILLAI	Promoter Group
12	MR. ADITYA ARUN KUMAR	Promoter Group
13	MS. TARINI ARUN KUMAR	Promoter Group
14	M/S. CHAYADEEP PROPERTIES PRIVATE
	LIMITED	Promoter Group
15	M/S. KARUNA VENTURES PRIVATE LIMITED	Promoter Group
16	M/S. CHAYADEEP VENTURES LLP	Promoter Group
17	M/S. TRIUMPH VENTURE HOLDINGS LLP	Promoter Group
18	M/S. AGNUS HOLDINGS PRIVATE LIMITED	Promoter Group
19	M/S. DEVICAM CAPITAL LLP	Promoter Group
20	M/S. KARUNA BUSINESS SOLUTIONS LLP	Promoter Group
21	M/S. AGNUS CAPITAL LLP	Promoter Group
22	M/S. SRJR ENTERPRISE LLP	Promoter Group

For and on behalf of Promoters, Promoter group and PAC acting with them of Solara Active Pharma Sciences Limited

Place: Bengaluru Date: 07 April, 2021

Ramaprasad JS Authorised Signatory

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. (**) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.