Solara Active Pharma Sciences Rights Issue 2024 FAQ's

₹449.95 Crores | Listing at BSE, NSE | Tue, May 28, 2024 - Tue, Jun 11, 2024

Solara Active Pharma Sciences Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Solara Active Pharma Sciences Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, May 27, 2024
Last Date for renunciation of Rights EntitlementsWed, Jun 5, 2024
Issue Opening DateTue, May 28, 2024
Issue Closing DateTue, Jun 11, 2024
Date of Allotment (on or about)Wed, Jun 19, 2024
Date of Credit (on or about)Wed, Jun 19, 2024
Date of Listing (on or about)Thu, Jun 20, 2024

Solara Active Pharma Sciences Rights Issue 2024 price is set at ₹375 per share. The Solara Active Pharma Sciences Rights Issue 2024 opens on Tue, May 28, 2024, and closes on Tue, Jun 11, 2024, for the subscription.

The allotment of Solara Active Pharma Sciences Rights Issue 2024 is expected to happen on or about June 19, 2024 as per the issue schedule.

Solara Active Pharma Sciences Rights Issue 2024 is expected to list on or around June 20, 2024.

The credit of Solara Active Pharma Sciences Rights Issue 2024 in Demat account is expected on or about June 19, 2024 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the Net Proceeds from the Issue towards the following objects:

  1. Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the company; and
  2. General corporate purposes.

It is difficult to predict the exact listing price of Solara Active Pharma Sciences Ltd Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Solara Active Pharma Sciences Ltd which could help you with questions like whether to subscribe or not. Consider reading Solara Active Pharma Sciences Ltd reviews and analysis from experts posted on the Rights Issue detail page.