Karuna Business Solutions LLP agreed to acquire an additional 4.24% stake in Solara Active Pharma Sciences Limited (NSEI:SOLARA) from Arun Kumar Pillai for approximately INR 660 million on May 20, 2022. As part of the transaction, Karuna Business Solutions will acquire 1,525,000 shares, representing 4.24% stake at a price of INR 430.65 per share. Post completion, Karuna Business Solutions will hold 12.13% stake and Arun Kumar Pillai will hold 4.57% stake in Solara Active Pharma Sciences. The transaction is expected to complete on May 27, 2022, or thereafter.