<ul data-eligibleForWebStory="true"><li>In a block deal, Spiracca Ventures LLP sold 20 lakh shares of Solara Active Pharma Sciences to promoter Pronomz Ventures LLP for Rs 99 crore.</li><li>Pronomz Ventures LLP purchased a 4.16% stake in Solara Active Pharma Sciences through this transaction.</li><li>Spiracca Ventures LLP sold shares at Rs 495 apiece, with the total promoter shareholding in Solara standing at 37.94% as of March.</li><li>On the same day, Reliance Industries reduced its stake in Asian Paints, selling shares worth Rs 1,876 crore.</li><li>ICICI Prudential Mutual Fund was the sole buyer, acquiring 85 lakh shares at Rs 2,207 apiece in the Asian Paints transaction.</li><li>Solara Active Pharma Sciences specializes in developing active pharmaceutical ingredients and contract manufacturing services.</li><li>The company focuses on providing commercial APIs and related services across various therapeutic areas.</li><li>Shares of Solara Active Pharma Sciences closed slightly higher at Rs 505.50 apiece.</li></ul>

Solara Active Pharma Block Deal: Promoter Entity Buys 4.16% Stake For Rs 99 Crore

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