At meeting held on 03 February 2021The Board of Solara Active Pharma Sciences at its meeting held on 03 February 2021 has approved the acquisition of additional share
capital in Sequent Penems (SPPL), subsidiary company of Solara.
Currently Solara holds 89.23% of SPPL and it is proposed to acquire remaining 10.77% to make it as a wholly owned subsidiary.
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Solara Active Pharma Sciences Limited to acquire balance 10.77% stake in Sequent Penems Pvt Ltd
Posted On: 2021-02-03 05:53:43 (Time Zone: Arizona, USA)
The Board of Solara Active Pharma Sciences Limited at its meeting held today (February 3, 2021) has approved to acquire additional share capital in Sequent Penems Private Limited (SPPL), subsidiary company of Solara.
Currently Solara holds 89.23% of SPPL and it is proposed to acquire remaining 10.77% to make it as a wholly owned subsidiary.
Shares of Solara Active Pharma Sciences Ltd was last trading in BSE at Rs.1458.15 as compared to the previous close of Rs. 1494.25. The total number of shares traded during the day was 14280 in over 1617 trades.