Solara Active Pharma Sciences Limited disclosed the allotment of equity shares pursuant to employee stock option exercise. The Board of Directors approved the allotment of 2,250 equity shares via resolution passed at their meeting on July 23, 2026.

Key Quantitative Figures

  • Number of shares allotted: 2,250 equity shares
  • Face value: ₹10 per share
  • Exercise price: ₹375 per share
  • Premium per share: ₹365
  • Money realized by exercise: ₹8,43,750
  • Diluted earnings per share: ₹3.67

Capital Structure Impact

Pre-allotment paid-up capital:

  • Equity Shares - Fully Paid: 4,77,97,735 shares (₹47,79,77,350)
  • Equity Shares - Partly Paid (₹7): 2,82,470 shares (₹19,77,290)
  • Equity Shares - Partly Paid (₹3.5): 1,65,807 shares (₹5,80,324.50)
  • Total paid-up capital: 4,82,46,012 shares (₹48,05,34,964.50)

Post-allotment paid-up capital:

  • Equity Shares - Fully Paid: 4,77,99,985 shares (₹47,79,99,850)
  • Equity Shares - Partly Paid (₹7): 2,82,470 shares (₹19,77,290)
  • Equity Shares - Partly Paid (₹3.5): 1,65,807 shares (₹5,80,324.50)
  • Total paid-up capital: 4,82,48,262 shares (₹48,05,57,464.50)

Transaction Details

  • Date of issue: June 28, 2024
  • Distinctive numbers: 48246013 to 48248262
  • Options granted: 7,500
  • Options vested: 2,250
  • Options exercised: 2,250
  • Options lapsed: Not applicable
  • Total shares after issue: 4,82,48,262 equity shares
  • Total issued share capital after issue: ₹48,24,82,620

Additional Information

  • The allotted shares rank pari-passu with existing equity shares
  • No lock-in restrictions applicable
  • No variation of terms of options
  • No subsequent changes or cancellation of options
  • Time for exercise: Options must be exercised within 120 days from vesting date