Issue Fixed to connect putty to VMware Sun Solaris Box
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Tried following steps :
1. Edited /etc/ssh/sshd_config --> PermitRootLogin yes
2. Configure the VMWare settings
1. Select Network Adapter as Hostonly
2. Edit the Virtual Network Editor
Select the VMnetx[0/1/2/] -> Provide the Subnet IP of same range, for example I gave static IP as 192.168.1.4 to my machine so my settings appeared like this:
Subnet IP: 192.168.1.0
Subnet mask: 255.255.255.0
Hope this helps