Date: October 17, 2026
Board Meeting Outcomes
The Rights Issue Committee of the Board of Directors approved on October 09, 2026 the issuance of a fresh Final Reminder-cum-Forfeiture Notice to holders of partly paid-up Rights Equity Shares who have not paid outstanding call money.
Dividend Declaration or Non-Declaration
Not Specified
Financial Results
Not Specified
KMP / Board / Auditor Changes
Not Specified
Fundraising / Financing
The document pertains to the collection of outstanding call money from a rights issue:
- First Call: ₹131.25 per share (₹3.50 face value + ₹127.75 premium)
- Second and Final Call: ₹112.50 per share (₹3.00 face value + ₹109.50 premium)
- Total outstanding per share: ₹243.75
- Rights Issue was conducted pursuant to Letter of Offer dated May 09, 2024
Payment Instructions
- Payment Period: October 22, 2026 to November 05, 2026 (15 days, both days inclusive)
- Online payment portals:
- For First and Second & Final Call: https://rights.cameoindia.com/solaracallmoney4
- For Second and Final Call only: https://rights.cameoindia.com/solaracallmoney5
- Cash payments not accepted
- No part payments accepted - must pay full amount for both calls
- Payments through third-party bank accounts will be rejected
- Payments accepted only once per demat account during payment period
Consequences of Non-Payment
- Company may deduct unpaid amounts from future dividends
- Partly paid-up equity shares, including amounts already paid, may be forfeited
- No further reminders will be issued after November 05, 2026
Share Status Information
- ISIN IN9624Z01014 (₹3.50 face value partly paid shares): Suspended from trading effective April 04, 2025
- ISIN IN9624Z01022 (₹7.00 face value partly paid shares): Suspended from trading effective April 02, 2026
- Upon full payment, shares will be converted to ₹10 fully paid-up shares under ISIN INE624Z01016
- Conversion process estimated to take 2-3 weeks after Board approval