Solara Active Pharma Sciences

Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines

Rao is a chartered accountant from the Institute of Chartered Accountants of India (ICAI) and has about two and half decades of post-qualification experience

Among the losing pack, Solara Active Pharma Sciences has slumped 75 per cent, while Aarti Drugs, MCX India and Tata Communications are other major laggards

Shares of Zomato hit a new low of Rs 64.70, down 7 per cent on the BSE in Wednesday's intra-day trade

Jitesh Devendra, former CEO and Managing Director (MD) of the company will return to Solara as MD, to steer the reset strategy of the Company

The stock of Solara Active hit a fresh 52-week low of Rs 620.20, down nearly 20 per cent in Friday's intra-day trade, falling 36 per cent in the past two days on the BSE.

Solara Active Pharma: Bharath R Sesha has tendered his resignation as managing director & chief executive officer and director (MD & CEO) of the company.

At 10:29 am, the stock was locked in the upper circuit at Rs 300.25, up 10 per cent from the previous close.