Sonal Adhesives Ltd Confirms Share Transmission Following Promoter Group Member's Demise, Updates Promoter Status
Sonal Adhesives Ltd announced a significant change in its promoter group status and shareholding following the demise of Ms. Kamal Arora on June 23, 2026. The company confirmed the transmission of shares held by Ms. Arora to her legal heirs, reflecting an automatic change in the definition of the promoter group.As per regulations regarding the listing obligations, the death of Mrs. Kamal Arora led to her exclusion from the list of individuals within the promoter group. Concurrently, the company reported the complete details of the share transmission involving Ms. Arora's holdings.
The shares held by Ms. Kamal Arora were transmitted to three legal heirs. The distribution is detailed in the table below:
| Deceased Member | Legal Heir | Number of Shares |
|---|---|---|
| Ms. Kamal Arora | Mr. Sandeep M. Arora | 3,30,031 |
| Ms. Kamal Arora | Ms. Megha M. Arora | 63,269 |
| Ms. Kamal Arora | Ms. Mona M. Arora | 82,100 |
In light of this transmission, Mr. Sandeep Arora has been classified as a member belonging to the promoter and promoter group. Sonal Adhesives Ltd noted that its updated shareholding pattern for the quarter ending June 30, 2026, now accurately reflects these material changes within the company's promoter structure.
Stock Price Movement
As of 15:17, shares of Sonal Adhesives Ltd are edging lower at ₹38.75, following a decline of 0.90%. The equity navigated the intraday trading range, fluctuating between a low of ₹37.19 and 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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