Solara Active Pharma promoter group pledge reduces by 50%; Stock ends 3% higher

Currently the overall promoter group pledge stands at 8.25% of the promoter holding and 3.64% of the paid up capital of the company.

May 18, 2021 05:05 IST India Infoline News Service

Solara Active Pharma
Solara Active Pharma Science has informed that Promoter Group of the Company have released substantial pledge of over 50%.

Currently the overall promoter group pledge stands at 8.25% of the promoter holding and 3.64% of the paid up capital of the company (as compared to 16.42% of the promoter holding and 7.24% of the paid up capital as at May 7, 2021, resulting in reduction of pledge by 50%).

The stocks touched an intraday high and intraday low at Rs1,771.65 per piece and Rs1720.15 per piece respectively during early trading hours.

On Tuesday trade, Solara Active Pharma Sciences ended at Rs1,756.60 per piece up by Rs51.65 or 3.03% from its previous closing of Rs1,704.95 per piece on Sensex.

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