Sonal Adhesives Promoter Holding Increases Following Share Transmission Acquisition
Sonal Adhesives Limited has reported an increase in its promoter's shareholding following the transmission of shares by Megha Arora. The transaction, which occurred on June 20, 2026, resulted in a rise in her stake within the company.Megha Arora, who is identified as a member of the Promoter Group and an Acting in Concert (PAC) with the acquirer, acquired the shares through transmission.
As per the recorded details:
- Before Acquisition: Megha Arora’s holding stood at 1,42,000 shares, representing 2.34% of the total share/voting capital and 2.34% of the total diluted share of Sonal Adhesives Limited.
- Acquisition Details: The number of shares acquired was 63,269.
- After Acquisition: Following the acquisition, Megha Arora’s holding increased to 2,05,269 shares, which constitutes 3.38% of the total share/voting capital and 3.38% of the total diluted share of the company.
The transaction mode was recorded as Transmission of Shares. Salient features noted in the acquired securities included nil time till redemption and no conversion ratio information provided.
Financial structure details surrounding the acquisition include:
| Metric | Value Before Acquisition | Value After Acquisition |
|---|---|---|
| Equity Share Capital / Total Voting Capital | 6,06,10,000 (Comprising of 60,61,000 Equity Shares of 10/- each) | 6,06,10,000 (Comprising of 60,61,000 Equity Shares of 10/- each) |
| Total Diluted Share / Voting Capital | 6,06,10,000 (Comprising of 60,61,000 Equity Shares of 10/- each) | 6,06,10,000 (Comprising of 60,61,000 Equity Shares of 10/- each) |
Stock Price Movement
Sonal Adhesives Ltd settled at ₹38.75 today, registering a 0.90% decline in the shares. The stock saw movement during the session, trading between an intraday 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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