Latest Shareholding Pattern SOLARA ACTIVE PHARMA SCIENCES LIMITED Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

SOLARA ACTIVE PHARMA SCIENCES LIMITED Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

SOLARA ACTIVE PHARMA SCIENCES LIMITED has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
Shareholder Name Previous Quater Quantity(In Crores) Current Quater Quantity(In Crores) Previous Quater Shares(in %) Current Quater Shares(in %) Quater to Quater Difference
Promoters 1.10 1.10 30.49 30.49 0
Public 2.50 2.50 51.14 50.74 -0.4 %
DII 0.06 0.11 1.75 2.97 +1.22 %
FII 0.60 0.57 16.62 15.8 -0.82 %
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 30.49% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 51.14% in December 2023 to 50.74% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 1.75% in December 2023 to 2.97% in March 2024 , indicating that domestic institutions increased their stake in the company by 1.22% . FIIs (Foreign Institutional Investors) shareholding decreased from 16.62% in December 2023 to 15.8% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 0.641 0.621 17.82 17.26 -0.56 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.113 0.104 3.14 2.89 -0.25 %
Non Resident Indians (NRIs) 0.033 0.031 0.91 0.85 -0.06 %
Bodies Corporate 0.597 0.607 16.58 16.85 + 0.27 %
CVR ENTERPRISE LLP 0.046 0.038 1.28 1.06 -0.22 %
Any Other (specify) 0.042 0.049 1.17 1.36 + 0.19 %
INNOPARK INDIA PRIVATE LIMITED 0.037 0 1.03 0 -1.03%
Observations show a significant difference of -0.56 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.25 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.27 %.Observations show a significant difference of -0.22 % in CVR ENTERPRISE LLP’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.19 %.INNOPARK INDIA PRIVATE LIMITED had 1.03% of shares in the previous quarter but exited in the current quarter.
Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Alternate Investment Funds 0 0.044 0 1.22 +1.22%
TURNAROUND OPPORTUNITIES FUND 0 0.038 0 1.06 +1.06%
Alternate Investment Funds had no shares in the previous quarter but now holds 1.22% of shares in the current quarter.TURNAROUND OPPORTUNITIES FUND had no shares in the previous quarter but now holds 1.06% of shares in the current quarter.
Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I 0.408 0.376 11.33 10.45 -0.88 %
ROUTE ONE OFFSHORE MASTER
FUND, L.P.
0.048 0.052 1.33 1.45 + 0.12 %
Foreign Portfolio Investors Category II 0.191 0.193 5.29 5.35 + 0.06 %
TIMF HOLDINGS 0.076 0 2.1 0 -2.1%
Stakeholding dwindled by -0.88 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for ROUTE ONE OFFSHORE MASTER
FUND, L.P., which experienced a significant increase of 0.12 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.06 % .TIMF HOLDINGS had 2.1% of shares in the previous quarter but exited in the current quarter.

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