Solara Active Pharma Sciences (SOLARA) — Announcement

📢 Key Event
Company receives rectification order cancelling Rs. 161.92 Crore tax demand

🔄 What Changed
Tax demand reduced to Nil

💡 Investor Takeaway
The tax liability has been fully cleared, eliminating a previously disclosed contingent liability.

Solara Active Pharma Sciences received a rectification order from the Assistant Commissioner of Income Tax, Central Circle 3, Thane, dated August 8, 2026, that cancels a previously issued tax demand of Rs. 161.92 Crores from March 17, 2026. The order resolves the incorrect tax computation and eliminates all pending demands, leaving the company's financial position unchanged. This correction removes a liability that was under review but had no operational or financial impact on the business.

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About Solara Active Pharma Sciences Ltd (SOLARA)

Healthcare · Pharmaceuticals · Listed on BSE

Market Cap: ₹3,425.95 Cr ROE: -0.1% ROCE: 4.7%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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