Promoters in Succession Announce Share Transmission at Sonal Adhesives Ltd
Sonal Adhesives Limited has seen a transfer of shares within its promoter group following the transmission of equity shares, according to reports released by the company on June 23, 2026. The transaction involved the shares originally held by Ms. Kamal Arora, who is a member of the promoter group.The share transmission encompassed a total of 4,75,400 equity shares, which had a face value of Rs. 10 per share. These shares were transferred to three members of the promoter group: Mr. Sandeep M. Arora, Ms. Megha M. Arora, and Ms. Mona M. Arora.
The transaction details reflect a shift in the ownership structure within the promoter family. Prior to the transfer, Ms. Kamal Arora held all 4,75,400 shares, which accounted for 7.84% of the company's total share capital. Following the transmission, Mr. Sandeep M. Arora acquired 3,30,031 shares, while Ms. Megha M. Arora and Ms. Mona M. Arora received portions of the transferred equity.
The updated shareholding structure for the involved parties is detailed below:
| Shareholder | Pre-Transaction Holdings (No. of Shares / % of Capital) | Post-Transaction Holdings (No. of Shares / % of Capital) |
|---|---|---|
| Mr. Sandeep M. Arora | - | 3,30,031 / 5.45% |
| Ms. Megha M. Arora | 1,42,000 / 2.34% | 2,05,269 / 3.38% |
| Ms. Mona M. Arora | 82,000 / 1.35% | 1,64,100 / 2.70% |
| Ms. Kamal Arora (Transferor) | 4,75,400 / 7.84% | - |
The transaction was completed among the promoter group members and falls within an exemption clause related to substantial acquisition of shares and takeovers regulations. As a result of this internal transfer, the aggregate shareholding of the entire promoter and promoters group at Sonal Adhesives Ltd remained unchanged at 4,75,400 equity shares, representing 11.54% of the company's capital.
Stock Price Movement
At the close of trade today, Sonal Adhesives Ltd settled at ₹38.75, finishing down 0.90%. The shares traded throughout the day within a range that spanned from a low of ₹37.19 to a high of ₹39.83.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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