Mitsubishi UFJ Financial Group (MUFG) has sold an indirect interest in Solara Active Pharma Sciences Limited, reducing its aggregated interest to 4.37% of the ordinary share capital as of September 1, 2025. The sale was executed through First Sentier Investors (Singapore), which directly holds shares in Solara Active Pharma Sciences Limited.
As per regulatory disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the thresholds for disclosures have been met. The sale involves a total of 964,367 shares. Post sale, MUFG holds 1,947,923 shares out of a total of 44,553,396 voting rights on issue.
Before the acquisition consideration, MUFG held 2,912,290 shares carrying voting rights, representing 8.09% of the total share/voting capital. Following the sale of 964,367 shares, the holding has been adjusted to 1,947,923 shares, which now constitutes 4.37% of the total share/voting capital.
| Particulars | Before Acquisition | After Acquisition |
|---|---|---|
| Shares carrying voting rights | 2,912,290 (8.09%) | 1,947,923 (4.37%) |
| Shares encumbered with the acquirer | Nil | Nil |
| Voting Rights (VR) otherwise than by shares | Nil | Nil |
| Warrants/convertible securities/any other instrument | Nil | Nil |
| Total | 2,912,290 (8.09%) | 1,947,923 (4.37%) |
The disclosure confirms that there are no encumbered shares, voting rights, or warrants/convertible securities involved in this transaction. The equity share capital/total voting capital of Solara Active Pharma Sciences Limited before the said acquisition/sale was 35,996,267 and after the said acquisition/sale is 44,553,396. The total diluted share/voting capital of the TC after the said acquisition is 44,553,396.
Hidetoshi Fuwa, Managing Director and Deputy Head of Credit Policy & Planning Division at Mitsubishi UFJ Financial Group, Inc., has signed the disclosure. The announcement was made on September 3, 2025, with the transaction effective from September 1, 2025.
The announcement was made on September 3, 2025, with the transaction effective from September 1, 2025.
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