Solara Active Pharma Sciences Limited at its board meeting held on October 19, 2023, approved the appointment of Mr. P V Raghavendra Rao as Chief Financial Officer (CFO) of the Company and designated him as Key Managerial Personnel with effect from October 26, 2023. Mr. P V Raghavendra Rao is a Chartered Accountant from the Institute of Chartered Accountants of India and has close to 23 years of post-qualification work experience. Mr. Rao has a strong track record of handling multiple industries including pharmaceuticals.

He comes from Sequent Scientific Limited, where he was the Chief Financial Officer. Before this, he was at Macleods Pharmaceuticals Ltd. and Dr. Reddy's Laboratories Limited, for over 14 years where he handled various roles in finance such as Finance Head ­ Pharmaceutical Services and Active Ingredients, Finance Head ­ FTOs (Formulation Technical Operations), Finance Head ­ Rest of World Markets and Finance Head Integrated Product Development Organization. Prior to Dr. Reddy's he was at New Holland Tractors.

Mr. Rao started his career at Indo Asian Fusegear Limited, India, where he worked for 2 years.