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SOLARA ACTIVE PHARMA SCIENCES LIMITED Share Issue/Capital Change 2024

May 29, 2024

61842_rns_2024-05-29_c7822bef-b3aa-4fad-9a62-33cc3a5f51f6.pdf

Share Issue/Capital Change

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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 : [email protected] www.solara.co.in

Keelakottaiyur Village, Melakottaiyur (Post)

May 29, 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 Scrip Code: SOLARA

Dear Sir/Madam,

Sub: ESOP

Ref: Regulation 30 of Securities and Exchange - Board of India (Listing Obligation and Disclosure Requirements) Regulations, - 2015

We wish to inform that meeting of Board of Directors of Solara Active Pharma Sciences Limited (“Company”) held today (i.e., May 29, 2024), the Board has approved the allotment of 9000 equity shares against the Solara Employee Stock Option Plan 2018. Consequent to the said allotment, the paid-up share capital of the Company will increase from Rs. 35,99,62,670 consisting of 3,59,96,267 equity shares of Rs. 10 each to Rs. of 36,00,52,670 consisting of 3,60,05,267 equity shares of Rs. 10 each. We hereby enclose the notification pursuant to Regulation 10(c) of SEBI (Share Based Employee Benefits) Regulations, 2014 and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as Annexure “A”.

We request you to take the same on record.

Thanking you,

Yours faithfully,

For Solara Active Pharma Sciences Limited

SUDDAPALLI Digitally signed by SUDDAPALLI MURALIKRISHNA MURALIKRISHNA Date: 2024.05.29 15:48:08 +05'30' S. Murali Krishna Company Secretary

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

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 : [email protected] www.solara.co.in

Annexure – A

REGULATION 10 (C ) – NOTIFICATION FOR ISSUE OF SHARES

S.NO. PARTICULARS DETAILS
1. Company name and address ofregistered office Solara Active Pharma Sciences Limited201, Devavrata, Sector 17,Vashi,Navi Mumbai – 400703
2. Name of the Stock Exchange onwhich the company’s shares arelisted 1. National Stock Exchange of IndiaLimited2. BSE Limited
3. Filing date of the statement referredin regulation 10(b) of the SEBI(Share Based Employee Benefits)Regulations,2014withStockExchange • NSE: October 24, 2018• BSE: October 24, 2018
4. Filing Number, if any • NSE: NSE/LIST/19224• BSE: DCS/IPO/JR/ESOP-IP/3352/2018-19
5. Title of the Scheme pursuant towhich shares are issued,if any Solara Employee Stock Option Plan, 2018
6. Kind of security to be listed Equity shares
7. Par value of the shares Rs. 10
8. Date of issue of shares May 29, 2024
9. Number of shares issued 9000
10 Share Certificate No., if applicable Not applicable
11. Distinctive number of the shares, ifapplicable 3,59,96,268-3,60,05,267
12. ISIN Number of the shares if issuedin Demat INE624Z01016
13. Exercise price per share Rs. 309
14. Premium price per share Rs. 299

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

Communication Address: Solara Active Pharma Sciences Limited2nd Floor, Admin Block27, Vandaloor Kelambakkam Road,Keelakottaiyur Village, Melakottaiyur (Post)Chennai – 600 127, IndiaTel : +91 44 43446700Fax : +91 44 47406190E-mail : [email protected]www.solara.co.in Communication Address: Solara Active Pharma Sciences Limited2nd Floor, Admin Block27, Vandaloor Kelambakkam Road,Keelakottaiyur Village, Melakottaiyur (Post)Chennai – 600 127, IndiaTel : +91 44 43446700Fax : +91 44 47406190E-mail : [email protected]www.solara.co.in Communication Address: Solara Active Pharma Sciences Limited2nd Floor, Admin Block27, Vandaloor Kelambakkam Road,Keelakottaiyur Village, Melakottaiyur (Post)Chennai – 600 127, IndiaTel : +91 44 43446700Fax : +91 44 47406190E-mail : [email protected]www.solara.co.in
15. Total issued shares after this issue 3,60,05,267
16. Total issued share capital after thisissue Rs. 36,00,52,670
17. Details of any lock-in on the shares NA
18. Date of expiry of lock-in NA
19. Whether shares identical in allrespects to existing shares if not,when will they become identical Shares issued shall rank pari pasu with theexisting equity shares of the company
20. Details of listing fees, if payable NA

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