SOLARA ACTIVE PHARMA SCIENCES LIMITED — Declaration of Voting Results & Voting Rights Announcements 2024

Sep 24, 2024

Communication Address: Solara Active Pharma Sciences Limited 2nd Floor, Admin Block 27, Vandaloor Kelambakkam Road, Keelakottaiyur Village, Melakottaiyur (Post) Chennai – 600 127, India Tel : +91 44 43446700 Fax : +91 44 47406190 E-mail : investors@solara.co.in www.solara.co.in

September 24, 2024

The BSE Limited	The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Bandra-Kurla Complex,
Dalal Street, Mumbai – 400 001	Bandra (E), Mumbai – 400 051
Scrip Code: 541540, 890202	Scrip Code: SOLARA, SOLARAPP

Dear Sir / Madam,

Sub: Submission of Voting Results of the 7 th Annual General Meeting Ref: Reg. 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit the voting results of the businesses transacted at the 7 th Annual General Meeting of the Company held on Friday, September 20, 2024, at 10:00 A.M. (IST) through Video conferencing ('VC') or Other Audio-Visual Means ('OAVM').

We also enclose the consolidated Scrutinizer's Report on remote e-voting and by e-voting at the AGM.

The meeting started at 10:00 A.M. and concluded at 11:10 A.M.

We request you to kindly take the above information on record.

Thanking you,

Yours faithfully, For Solara Active Pharma Sciences Limited

SUDDAPALLI MURALIKRISHNA Digitally signed by SUDDAPALLI MURALIKRISHNA Date: 2024.09.24 09:26:29 +05'30'

S. Murali Krishna Company Secretary

Encl.: as above

Communication Address: Solara Active Pharma Sciences Limited 2nd Floor, Admin Block 27, Vandaloor Kelambakkam Road, Keelakottaiyur Village, Melakottaiyur (Post) Chennai – 600 127, India Tel : +91 44 43446700 Fax : +91 44 47406190 E-mail : investors@solara.co.in www.solara.co.in

Disclosure as per Regulation 44(3) of SEBI (LODR) Regulations, 2015.

Name of the Company	Solara Active Pharma Sciences Limited
Date of the AGM	September 20, 2024
Total No. of Shareholders on record date	72930
No. of Shareholders present in the meeting either
in Person or through proxy	Not Applicable
Promoters and Promoters Group:
Public
No. of Shareholders attended the meeting
through Video Conference:
Promoters and Promoters Group:	10
Public	48

General information about company
Scrip code	541540
NSE Symbol	SOLARA
MSEI Symbol	NA
ISIN	INE624Z01016
Name of the company	Solara Active Pharma Sciences Limited
Type of meeting	AGM
Date of the meeting / last day of receipt of postal ballot forms (in case of Postal Ballot)	20-09-2024
Start time of the meeting	10:00 AM
End time of the meeting	11:10 AM

Scrutinizer Details
Name of the Scrutinizer	Mr. Preetham Hebbar
Firms Name	Preetham Hebbar & Co.
Qualification	CS
Membership Number	A31909
Date of Board Meeting in which appointed	29-05-2024
Date of Issuance of Report to the company	23-09-2024

Voting results
Record date	13-09-2024
Total number of shareholders on record date	72930
No. of shareholders present in the meeting either in person or through proxy
a) Promoters and Promoter group	$\theta$
b) Public	0
No. of shareholders attended the meeting through video conferencing
a) Promoters and Promoter group	10
b) Public	48
No. of resolution passed in the meeting	8
Disclosure of notes on voting results	Textual Information(1)

Text Block
	ISIN(s) of the Company, Solara Active Pharma Sciences Limited:
Textual Information(1)	Fully Paid up - INE624Z01016
	Partly Paid up - IN9624Z01014

Resolution(1)
Resolution required: (Ordinary / Special)				Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?			N 0
Description of resolution considered				Adoption of Audited Financial Statements(Standalone & Consolidated) for the Financial Year ended March 31, 2024.
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled on outstanding shares	No. of votes $-$ in favour	No. of $votes -$ against	$%$ of votes in favour on votes polled	% of Votes against on votes polled
		(1)	(2)	$(3)=[(2)/(1)]*100$	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)=$ $[(5)/(2)]$ *100
	E-Voting		11496959	88.7819	11496959	$\overline{0}$	100	$\mathbf{0}$
	Poll		$\overline{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\overline{0}$	$\mathbf{0}$	$\overline{0}$
Promoter and Promoter Group	Postal Ballot $($ if applicable)	12949663	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	12949663	11496959	88.7819	11496959	$\overline{0}$	100	$\overline{0}$
	E-Voting	7493223	5562963	74.2399	5562963	$\mathbf{0}$	100	$\mathbf{0}$
	Poll		$\overline{0}$	$\overline{0}$	$\mathbf{0}$	$\mathbf 0$	$\boldsymbol{0}$	$\boldsymbol{0}$
Public- Institutions	Postal Ballot (if applicable)		$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$
	Total	7493223	5562963	74.2399	5562963	$\overline{0}$	100	$\mathbf{0}$
	E-Voting		6230592	32.8149	6230389	203	99.9967	0.0033
	Poll		$\overline{0}$	$\overline{0}$	$\overline{0}$	$\overline{0}$	$\theta$	$\overline{0}$
Public-Non Institutions	Postal Ballot (f) applicable)	18987077	$\Omega$	$\overline{0}$	$\theta$	$\Omega$	$\mathbf{0}$	$\mathbf{0}$
	Total	18987077	6230592	32.8149	6230389	203	99.9967	0.0033
	Total	39429963	23290514	59.0681	23290311	203	99.9991	0.0009
					Whether resolution is Pass or Not.		Yes
				Disclosure of notes on resolution			Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Resolution(2)
	Resolution required: (Ordinary / Special)			Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?			N 0
	Description of resolution considered			Appointment of Mr. Arun Kumar Pillai, retiring director, as a Non-Executive Director
Category	No. of Mode of No. of votes voting shares held polled			% of Votes polled on outstanding shares	No. of votes $-$ in favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
(2) (1)				$(3)=[(2)/(1)]*100$	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)=$ $[(5)/(2)]*100$
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\theta$
Promoter and	Poll		$\mathbf{0}$	$\overline{0}$	$\mathbf{0}$	$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$
Promoter Group	Postal Ballot (if applicable)	12949663	$\Omega$	$\theta$	$\theta$	$\theta$	$\theta$	$\theta$
	Total	12949663	11496959	88.7819	11496959	$\boldsymbol{0}$	100	$\boldsymbol{0}$
	E-Voting	7493223	5568431	74.3129	5568431	$\mathbf{0}$	100	$\mathbf{0}$
	Poll		$\mathbf{0}$	$\mathbf{0}$	$\theta$	$\overline{0}$	$\overline{0}$	$\mathbf{0}$
Public- Institutions	Postal Ballot (if applicable)		$\boldsymbol{0}$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	7493223	5568431	74.3129	5568431	$\overline{0}$	100	$\overline{0}$
	E-Voting		6230653	32.8152	5936075	294578	95.2721	4.7279
	Poll		$\mathbf{0}$	$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
Public-Non Institutions	Postal Ballot (i f) applicable)	18987077	$\boldsymbol{0}$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	18987077	6230653	32.8152	5936075	294578	95.2721	4.7279
	Total	39429963	23296043	59.0821	23001465	294578	98.7355	1.2645
				Whether resolution is Pass or Not.			Yes
				Disclosure of notes on resolution			Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Resolution(3)
Resolution required: (Ordinary / Special)			Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?			N 0
	Description of resolution considered			Executive Director			Appointment of Mr. Kartheek Chintalapati Raju, retiring director, as a Non-
Category	No. of No. of Mode of votes voting shares held polled			% of Votes polled on outstanding shares	No. of $votes - in$ favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
(2) (1)				$(3)=$ $[(2) / (1)]$ *100	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)$ = $[(5)/(2)]*100$
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\mathbf{0}$
Promoter and	Poll		$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\overline{0}$	$\boldsymbol{0}$	$\mathbf{0}$
Promoter Group	Postal Ballot (if applicable)	12949663	$\theta$	$\theta$	$\theta$	$\theta$	$\theta$	$\Omega$
	Total	12949663	11496959	88.7819	11496959	$\overline{0}$	100	$\overline{0}$
	E-Voting		5568431	74.3129	4347625	1220806	78.0763	21.9237
	Poll	7493223	$\mathbf{0}$	$\mathbf{0}$	$\theta$	$\mathbf{0}$	$\mathbf{0}$	$\theta$
Public- Institutions	Postal Ballot (if applicable)		$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$
	Total	7493223	5568431	74.3129	4347625	1220806	78.0763	21.9237
	E-Voting		6230653	32.8152	5926176	304477	95.1132	4.8868
	Poll		$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\Omega$	$\mathbf{0}$	$\mathbf{0}$
Public-Non Institutions	Postal Ballot (if applicable)	18987077	$\mathbf{0}$	$\mathbf{0}$	$\theta$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$
	Total	18987077	6230653	32.8152	5926176	304477	95.1132	4.8868
	Total	39429963	23296043	59.0821	21770760	1525283	93.4526	6.5474
				Whether resolution is Pass or Not.			Yes
				Disclosure of notes on resolution Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Resolution(4)
	Resolution required: (Ordinary / Special)			Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?				N 0
Description of resolution considered				2023-24.			Ratification of remuneration payable to the Cost Auditor for the financial year
Category	No. of Mode of No. of votes voting shares held polled			% of Votes polled on outstanding shares	No. of votes $-$ in favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
		(1)	(2)	$(3)=[(2)/(1)]*100$	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)=$ $[(5)/(2)]$ *100
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\mathbf{0}$
	Poll		$\overline{0}$	$\overline{0}$	$\overline{0}$	$\mathbf{0}$	$\bf{0}$	$\mathbf{0}$
Promoter and Promoter Group	Postal Ballot $($ if applicable)	12949663	$\theta$	$\theta$	$\theta$	$\theta$	$\theta$	$\theta$
	Total	12949663	11496959	88.7819	11496959	$\boldsymbol{0}$	100	$\mathbf{0}$
	E-Voting		5568431	74.3129	5568431	$\mathbf{0}$	100	$\mathbf{0}$
	Poll		$\overline{0}$	$\overline{0}$	$\overline{0}$	$\overline{0}$	$\theta$	$\mathbf{0}$
Public- Institutions	Postal Ballot (i f) applicable)	7493223	$\mathbf{0}$	$\boldsymbol{0}$	$\bf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	7493223	5568431	74.3129	5568431	$\theta$	100	$\theta$
	E-Voting		6230653	32.8152	6230449	204	99.9967	0.0033
	Poll		$\overline{0}$	$\overline{0}$	$\Omega$	$\overline{0}$	$\mathbf{0}$	$\boldsymbol{0}$
Public-Non Institutions	Postal Ballot (f applicable)	18987077	$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	18987077	6230653	32.8152	6230449	204	99.9967	0.0033
	Total	39429963	23296043	59.0821	23295839	204	99.9991	0.0009
	Whether resolution is Pass or Not. Yes
	Disclosure of notes on resolution Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Resolution(5)
	Resolution required: (Ordinary / Special)			Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?				Yes
	Approval for Material Related Party Transactions/ Contracts/ Arrangements with Description of resolution considered Strides Pharma Science Limited up to `400 crores.
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled on outstanding shares	No. of votes $-$ in favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
		(1)	(2)	$(3)=[(2)/(1)]*100$	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)=$ $[(5)/(2)]$ *100
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\mathbf{0}$
	Poll		$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$
Promoter and Promoter Group	Postal Ballot (if applicable)	12949663	$\Omega$	$\Omega$	$\theta$	$\theta$	$\theta$	$\theta$
	Total	12949663	11496959	88.7819	11496959	$\mathbf{0}$	100	$\mathbf{0}$
	E-Voting		5568431	74.3129	5568431	$\mathbf{0}$	100	$\mathbf{0}$
	Poll	7493223	$\overline{0}$	$\boldsymbol{0}$	$\theta$	$\theta$	$\mathbf{0}$	$\theta$
Public- Institutions	Postal Ballot (i f) applicable)		$\overline{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	7493223	5568431	74.3129	5568431	$\theta$	100	$\mathbf{0}$
	E-Voting		6230653	32.8152	6228003	2650	99.9575	0.0425
	Poll		$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$
Public-Non Institutions	Postal Ballot (if applicable)	18987077	$\overline{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$
	Total	18987077	6230653	32.8152	6228003	2650	99.9575	0.0425
	Total	39429963	23296043	59.0821	23293393	2650	99.9886	0.0114
					Whether resolution is Pass or Not.		Yes
					Disclosure of notes on resolution		Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group	11498901
Public Insitutions
Public - Non Insitutions

Resolution(6)
	Resolution required: (Ordinary / Special)			Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?			N 0
Description of resolution considered			Independent) Director of the Company			Appointment of Mr. Manish Gupta (DIN:06805265) as a Non-Executive (Non-
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled on outstanding shares	No. of votes $-$ in favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
		(1)	(2)	$(3)=[(2)/(1)]*100$	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)=$ $[(5)/(2)]$ *100
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\mathbf{0}$
	Poll		$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$
Promoter and Promoter Group	Postal Ballot (if applicable)	12949663	$\Omega$	$\Omega$	$\theta$	$\theta$	$\theta$	$\theta$
	Total	12949663	11496959	88.7819	11496959	$\boldsymbol{0}$	100	$\mathbf{0}$
	E-Voting		5568431	74.3129	5568431	$\mathbf{0}$	100	$\mathbf{0}$
	Poll	7493223	$\overline{0}$	$\overline{0}$	$\theta$	$\theta$	$\mathbf{0}$	$\theta$
Public- Institutions	Postal Ballot (i f) applicable)		$\overline{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$
	Total	7493223	5568431	74.3129	5568431	$\theta$	100	$\mathbf{0}$
	E-Voting		6230653	32.8152	6228222	2431	99.961	0.039
	Poll		$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$
Public-Non Institutions	Postal Ballot (f applicable)	18987077	$\overline{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$
	Total	18987077	6230653	32.8152	6228222	2431	99.961	0.039
	Total	39429963	23296043	59.0821	23293612	2431	99.9896	0.0104
					Whether resolution is Pass or Not.		Yes
					Disclosure of notes on resolution		Textual Information(1)

Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Resolution(7)
	Resolution required: (Ordinary / Special)			Special
Whether promoter/promoter group are interested in the agenda/resolution?				N 0
	Description of resolution considered	Introduction and Implementation of "SOLARA EMPLOYEE STOCK OPTION PLAN-2024"
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled on outstanding shares	No. of $votes - in$ favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
		(1)	(2)	$(3)=$ $[(2) / (1)]$ *100	(4)	(5)	$(6)=$ $[(4)/(2)]$ * 100	$(7)$ = $[(5)/(2)]*100$
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\mathbf{0}$
Promoter and	Poll		$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\overline{0}$	$\boldsymbol{0}$	$\mathbf{0}$
Promoter Group	Postal Ballot (if applicable)	12949663	$\theta$	$\theta$	$\theta$	$\theta$	$\theta$	$\Omega$
	Total	12949663	11496959	88.7819	11496959	$\overline{0}$	100	$\overline{0}$
	E-Voting	7493223	5568431	74.3129	3737929	1830502	67.1271	32.8729
	Poll		$\mathbf{0}$	$\mathbf{0}$	$\theta$	$\overline{0}$	$\mathbf{0}$	$\theta$
Public- Institutions	Postal Ballot (if applicable)		$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$
	Total	7493223	5568431	74.3129	3737929	1830502	67.1271	32.8729
	E-Voting		6230657	32.8153	6219331	11326	99.8182	0.1818
	Poll		$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$
Public-Non Institutions	Postal Ballot (if applicable)	18987077	$\mathbf{0}$	$\mathbf{0}$	$\theta$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$
	Total	18987077	6230657	32.8153	6219331	11326	99.8182	0.1818
	Total	39429963	23296047	59.0821	21454219	1841828	92.0938	7.9062
					Whether resolution is Pass or Not.		Yes
					Disclosure of notes on resolution		Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Resolution(8)
	Resolution required: (Ordinary / Special)			Special
Whether promoter/promoter group are interested in the agenda/resolution?				No
	Extension of "SOLARA EMPLOYEE STOCK OPTION PLAN -2024" to Description of resolution considered Employees of Subsidiary Company(ies) of the Company
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled on outstanding shares	No. of $votes - in$ favour	No. of $votes -$ against	% of votes in favour on votes polled	% of Votes against on votes polled
		(1)	(2)	$(3)=$ $[(2)/(1)]$ *100	(4)	(5)	$(6)=$ $[(4)/(2)]*100$	$(7)$ = $[(5)/(2)]*100$
	E-Voting		11496959	88.7819	11496959	$\theta$	100	$\mathbf{0}$
Promoter and	Poll		$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\overline{0}$	$\mathbf{0}$	$\mathbf{0}$
Promoter Group	Postal Ballot (if applicable)	12949663	$\theta$	$\theta$	$\theta$	$\theta$	$\theta$	$\Omega$
	Total	12949663	11496959	88.7819	11496959	$\overline{0}$	100	$\overline{0}$
	E-Voting	7493223	5568431	74.3129	3737929	1830502	67.1271	32.8729
	Poll		$\mathbf{0}$	$\theta$	$\theta$	$\mathbf{0}$	$\mathbf{0}$	$\theta$
Public- Institutions	Postal Ballot (if applicable)		$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$	$\mathbf{0}$	$\boldsymbol{0}$	$\mathbf{0}$
	Total	7493223	5568431	74.3129	3737929	1830502	67.1271	32.8729
	E-Voting		6230657	32.8153	6219306	11351	99.8178	0.1822
	Poll		$\mathbf{0}$	$\mathbf{0}$	$\Omega$	$\Omega$	$\mathbf{0}$	$\mathbf{0}$
Public-Non Institutions	Postal Ballot (if applicable)	18987077	$\mathbf{0}$	$\mathbf{0}$	$\theta$	$\boldsymbol{0}$	$\boldsymbol{0}$	$\mathbf{0}$
	Total	18987077	6230657	32.8153	6219306	11351	99.8178	0.1822
	Total	39429963	23296047	59.0821	21454194	1841853	92.0937	7.9063
					Whether resolution is Pass or Not.		Yes
					Disclosure of notes on resolution		Textual Information(1)

	Text Block
Textual Information(1)	The Partly Paid up Shares has been stated to the extent it is subscribed.

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group
Public Insitutions
Public - Non Insitutions

Email ID: info@phnaffiliates.in

Scrutinizer's Report

[Pursuant to Sections 107, 108 and 109 of the Companies Act, 2013 and Rules 20 and 21 of the Companies (Management and Administration) Rules, 2014]

To.

The Chairman Solara Active Pharma Sciences Limited 201, Devavrata, Sector 17, Vashi, Navi Mumbai - 400703, Maharashtra, India

Dear Sir,

Subject: Scrutinizer's report for the Seventh Annual General Meeting of the Members of the Company held on Friday, September 20, 2024 (the "AGM")

I, Preetham Hebbar of Preetham Hebbar & Co., Company Secretaries have been appointed as the Scrutinizer of Solara Active Pharma Sciences Limited ("the Company") (CIN: L24230MH2017PLC291636) pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and pursuant to Regulation 44 of the SEBI (Listing obligation and Disclosure Requirements) Regulations, 2015 for the purpose of:

• Scrutinizing the remote e-voting process conducted for AGM and $(i)$
• Scrutinizing the voting done through electronic voting system at the AGM. $(ii)$

Above-mentioned voting was done under the provisions of section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and pursuant to Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Company had conducted the AGM through Video Conferencing ("VC") pursuant to General Circular No. 14/2020 dated April 8, 2020, General Circular No.17/2020 dated April 13, 2020, MCA Circular No. 20/2020 dated May 05, 2020, General Circular No. 22/2020 dated June 15, 2020, General Circular No. 33/2020 dated September 28, 2020, General Circular No. 39/2020 dated December 31, 2020, General Circular No. 10/2021 dated June 23, 2021, General Circular No. 20/2021 dated December 8, 2021, General Circular No. 3/2022 dated May 5, 2022, MCA Circular No. 10/2022 dated December 28, 2022, General Circular No. 11/2022 dated December 28, 2022 and General Circular No. 09/2023 dated September 25, 2023 (collectively "General vide its Circular No. and Securities and Exchange Board of India (SEBI) $Circulars$ " SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020, SEBI circular no. SEBI/HO/CFD/CMD/ CIR/P/2020/242 dated December 9, 2020, SEBI circular No. SEBI/HO/CFD/CMD1/CIR/P/2022/40 dated March 30, 2022, Circular No. SEBI/ HO/ CFD/ CMD1/ CIR/P/2022/47 dated April 08, 2022, SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated January 5, 2023 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated October 7, 2023 (collectively SEBI Circulars), and other applicable provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management of the Company was responsible to ensure compliance with the requirement of the Companies Act, 2013 and the rules framed thereunder and MCA Circulars and SEBI Circulars relating to conducting of AGM through VC and voting by electronic means for the resolutions contained in the notice of the Seventh Annual General Meeting of the members of the Company dated July 22, 2024. My responsibility as a Scrutiniser for the voting process of voting by electronic means is restricted to making a consolidated Scrutinizer's report of the votes cast "in favour" and/or against the resolutions stated in the notice of the AGM, based on the report

Email ID: info@phnaffiliates.in

generated from the e-voting system provided by Central Depository Services (India) Limited ("CDSL"), the agency engaged by the Company to provide remote e-voting facilities and e-voting facilities to vote at the AGM.

Now. I submit my report as under:

• 1. The Annual report and the notice of Annual General Meeting were sent only by the electronic mode (email) to those members whose email addresses were registered with the Company/Depository Participants/Depositories pursuant to MCA Circulars and SEBI Circulars.
• 1. The Company completed the dispatch of the notice on August 28, 2024 by email to members whose names appear in the Register of Members/List of Beneficial Owners as received from Depositories as on August 23, 2024.
• 1. The Company had duly published an advertisement intimating about the voting on resolutions as set out in the Notice of the AGM and dispatch of the Annual Reports, in English newspaper - Business Standard in English language and Marathi Newspaper- Pratahkal in Marathi Language on August 29, 2024.
• The voting rights were reckoned as on September 13, 2024 being the cut-off date for the purpose of 4. deciding the entitlements of members for e-voting.
• The remote e-voting period remained open from 9.00 a.m. on September 17, 2024 till 5.00 p.m. on $5₁$ September 19, 2024.
• After the conclusion of the Annual General Meeting, the votes cast through remote e-voting and e voting 6. at the AGM were unblocked by me on September 20, 2024 at 11.38 a.m. IST in the presence of two witnesses who are not in the employment of the Company and the remote e-voting summary statement was downloaded from e-voting website of CDSL and accordingly register on voting was prepared.
• 1. Votes cast by the members through remote e-voting and e-voting at the AGM, were reconciled with the shareholding records maintained by Cameo Corporate Services Limited, the Registrar and Transfer Agent of the Company ("RTA").
• 1. No member had abstained from voting.
• Since there were no physical ballot papers at the AGM, reporting on incomplete/defective ballot papers 9. shall not be applicable.
• 1. The members who had voted by remote e-voting through the facility provided by Central Depositories Services Limited had been blocked and only those members who were present at the AGM through VC and who had not vote on remote e-voting were allowed to cast their votes through e-voting system during the AGM.
• 1. Register on voting will be emailed to the Company Secretary of the Company on declaration of results for the AGM.
• 1. Based on the data downloaded from e-voting system of CDSL, the total votes cast in favour or against for all the resolutions proposed in the Notice of the AGM are as under:

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Resolution No. 1: Adoption of Audited Financial Statements (Standalone and Consolidated) for the Financial Year ended March 31, 2024 - Ordinary Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	181		182
voting*
Number of votes cast	2,32,90,302		2,32,90,311
by them**
% of Total Number of	99.9991	100.0000	99.9991
valid votes cast

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members
voting*
Number of votes cast	203	۰	203
by them**
% of Total Number of	0.0009		0.0009
valid votes cast

3. Invalid Votes-

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members
whose votes were
declared invalid*
Total number of votes
cast by them**
% of Total Number of
valid votes cast

Resolution No. 2: Appointment of Mr. Arun Kumar Pillai, retiring director, as a Non-Executive Director-Ordinary Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	180		181
$voting$ Number of votes cast by them $*$	2,30,01,456		2,30,01,465

Email ID: info@phnaffiliates.in

% of Total Number of	98.7355	100.0000	98.7355
valid votes cast

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members
voting*
Number of votes cast	2,94,578		2,94,578
by them**
% of Total Number of	1.2645		1.2645
valid votes cast

3. Invalid Votes:

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members	٠
whose votes were
declared invalid*
Total number of votes		$\overline{\phantom{a}}$
cast by them**
% of Total Number of	٠
valid votes cast

Resolution No. 3: Appointment of Mr. Kartheek Chintalapati Raju, retiring director, as a Non-Executive Director-Ordinary Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members voting*	168		169
Number of votes cast by them**	2,17,70,751		2,17,70,760
% of Total Number of valid votes cast	93.4526	100,0000	93.4526

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members voting*			21
Number of votes cast by them**	15,25,283		15,25,283
% of Total Number of valid votes cast	6.5474		6.5474

Email ID: info@phnaffiliates.in

Invalid Votes: 3.

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members
whose votes were
declared invalid*
Total number of votes
cast by them**
% of Total Number of
valid votes cast

Resolution No. 4: Ratification of remuneration payable to the Cost Auditor for the financial year 2023-24 - Ordinary Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members voting*	181		182
Number of votes cast by them**	2,32,95,830		2,32,95,839
% of Total Number of valid votes cast	99 9991	100,0000	99.9991

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members voting*
Number of votes cast by them**	204		204
% of Total Number of valid votes cast	0.0009		0.0009

3. Invalid Votes:

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members
whose votes were
declared invalid*
Total number of votes
cast by them**

Email ID: info@phnaffiliates.in

% of Total Number of
valid votes cast

Resolution No. 5: Approval for Material Related Party Transactions/Contracts/Arrangements with Strides Pharma Science Limited up to INR 400 crores - Ordinary Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	148		149
voting*
Number of votes cast	1,17,94,483		1,17,94,492
by them**
% of Total Number of	99.9775	100.0000	99.9775
valid votes cast

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	10		10
voting*
Number of votes cast	2,650		2,650
by them**
% of Total Number of	0.0225		0.0225
valid votes cast

3. Invalid Votes:

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members	31		31
whose votes were
declared invalid*
Total number of votes	1,14,98,901		1,14,98,901
cast by them**
% of Total Number of		$\qquad \qquad \blacksquare$
valid votes cast

With respect to resolution no. 5, we have relied on the list of related parties received from the Company to confirm that no related party has voted approving the resolution. Accordingly, the votes cast by the related parties are considered as invalid votes.

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Resolution No. 6: Appointment of Mr. Manish Gupta (DIN: 06805265) as a Non-Executive (Non-Independent) Director of the Company - Ordinary Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	179		180
voting*
Number of votes cast	2,32,93,603		2,32,93,612
by them**
% of Total Number of	99.9896	100,0000	99.9896
valid votes cast

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	10		10
voting*
Number of votes cast	2,431	٠	2,431
by them $**$
% of Total Number of	0.0104		0.0104
valid votes cast

3. Invalid Votes:

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members
whose votes were
declared invalid*
Total number of votes
cast by them**
% of Total Number of
valid votes cast

Resolution No. 7- Introduction and Implementation of "SOLARA EMPLOYEE STOCK OPTION PLAN -2024 - Special Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members			161
voting*

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Number of votes cast by the $m^*$	2, 14, 54, 219	2, 14, 54, 219
% of Total Number of	92.0939	92.0938
valid votes cast

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members	29		30
voting* Number of votes cast	18,41,819		18,41,828
by them** % of Total Number of	7.9061	100,0000	7.9062
valid votes cast

3. Invalid Votes:

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members
whose votes were
declared invalid*
Total number of votes
cast by them**
% of Total Number of
valid votes cast

Resolution No. 8- Extension of "SOLARA EMPLOYEE STOCK OPTION PLAN - 2024" to Employees of Subsidiary Company(ies) of the Company - Special Resolution

1. Votes in favour of resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members voting*	159		159
Number of votes cast by them $**$	2, 14, 54, 194	$\blacksquare$	2, 14, 54, 194
% of Total Number of valid votes cast	92.0937	$\overline{\phantom{a}}$	92.0937

2. Votes against the resolution:

Particulars	Remote E-voting	E-voting at the AGM	Total
Number of members voting*			32
Number of votes cast by them $**$	18,41,844		18,41,853

Email ID: info@phnaffiliates.in

% of Total Number of	7.9063	100.0000	7.9063
valid votes cast

Invalid Votes: 3.

Particulars	Remote E-voting	E-voting at the EGM	Total
Number of members
whose votes were
declared invalid*
Total number of votes
cast by them**
% of Total Number of
valid votes cast

* The number of members voting is counted based on demat accounts and folios and not clubbed based on PAN of the members.

** On the Cut-off date, the Company has fully paid and partly paid equity shares as part of its equity share capital. Fully paid equity shares has been given full voting rights and partly paid equity shares have been given proportionate voting rights in proportion to the amount which has been paid up on those shares. Hence, we relied on the list of shareholders and number of shares for each shareholders as on the Cut-off date as provided by the RTA for checking the shareholding of each shareholders who have voted and for the purpose of issuing this report.

Based on the voting results, the resolutions as placed before the members stand passed with requisite majority. You may accordingly declare the results of voting of the AGM in respect of the resolutions as mentioned in the Notice.

Thanking you,

For Preetham Hebbar & Co. Company Secretaries Firm Registration No.: S2018KR648300

Company Secretary ficing Membership No. A31909 Certificate of Practice No. 21431 UDIN: A031909F001286888 Peer Review no.: 2855/2022

Date: September 23, 2024 Place: Bangalore