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Board of Solara Active Pharma approves acquisition of balance 10.77% stake in Sequent Penems

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Capital Market

At meeting held on 03 February 2021

The 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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First Published: Feb 03 2021 | 8:08 PM IST

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