Sol Pharmaceuticals Ltd
About Sol Pharmaceuticals Ltd
Data last updated:
Sol Pharmaceuticals Ltd is a public limited company based in Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 29 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L24239TG1983PLC004355. It is recorded as listed by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹12.72 Cr. It is led by director Chandrasekara Chillakuru Reddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5 – 9 – 88/2 Saphire Building Fateh Maidan Hyderabad, Telangana, India.
As per MCA filings, the company has open charges of ₹108.43 Cr on record. Court records list 72 cases involving the company, including 36 filed by the company and 37 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Sol Pharmaceuticals has one previous CIN (Corporate Identification Number): L24239AP1983PLC004355. The current CIN is L24239TG1983PLC004355, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24239TG1983PLC004355 | Current |
| L24239AP1983PLC004355 | Previous |
Contact details
Sol Pharmaceuticals Ltd's registered office is in Telangana.
- Registered Address5 – 9 – 88/2 Saphire Building Fateh Maidan Hyderabad, Telangana, India
- IndustryPharma, Drug Formulation & Development
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sol Pharmaceuticals Ltd
FY 2024 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Sol Pharmaceuticals Ltd, buy the company report.
Board of directors of Sol Pharmaceuticals Ltd
Sol Pharmaceuticals has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekara Chillakuru Reddy | Director | 29 Dec 1983 | 42 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2009 | 100112466 | Others | ₹8.63 Cr | Open | |
| 14 Mar 1997 | 90135658 | Others | ₹79.72 Cr | Open | |
| 01 Nov 1996 | 100090098 | Others | ₹10 Cr | Open | |
| 04 Apr 1996 | 90135569 | Others | ₹10 Cr | Open | |
| 09 Nov 1995 | 90133842 | Corporation Bank | ₹2.9 Lakh | Open |
To see the full charge records of Sol Pharmaceuticals Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sol Pharmaceuticals Ltd has 72 court cases on record: 36 filed by Sol Pharmaceuticals, 37 filed against it. 3 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 13 | 2 |
| District courts | 24 | 24 | 1 |
| Supreme Court | 5 | 0 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by Sol Pharmaceuticals Ltd., | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Management of M/S. Sol Pharmaceuticals Ltd., and Another and 1 other | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Tata Finance Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Bharat Sanchar Nigam Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SW) | Filed against the company by M-S Search Chem Industries Ltd | Disposed |
To see the full case history of Sol Pharmaceuticals Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sol Pharmaceuticals Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sol Pharmaceuticals Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sol Pharmaceuticals Ltd has 1 board change on record since 1983: 1 appointment. The latest: Chandrasekara Chillakuru Reddy was appointed as Director on 29 Dec 1983.
1 earlier event is in the company report.
Frequently asked questions
Sol Pharmaceuticals is an active public limited company based in Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 29 December 1983 (43+ years old) and is registered under CIN L24239TG1983PLC004355.
Sol Pharmaceuticals has 1 current director:
- Chandrasekara Chillakuru Reddy - Director
The latest financial statements of Sol Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sol Pharmaceuticals is L24239TG1983PLC004355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sol Pharmaceuticals is recorded as a listed company by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
Sol Pharmaceuticals has 72 court cases on record: 36 filed by the company and 37 filed against it. 3 are pending. Most are in the high courts.
Sol Pharmaceuticals was incorporated on 29 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chandrasekara Chillakuru Reddy was appointed as Director on 29 Dec 1983.
The registered office of Sol Pharmaceuticals is at 5 – 9 – 882 Saphire Building Fateh Maidan Hyderabad, Telangana, India.
Sol Pharmaceuticals operates in the pharma industry, in the drug formulation and development segment.