Please find attached herewith revised announcement as per Reg. 30 of SEBI (LODR) Regulations, 2015. Kindly take the same on your record. Thank you.
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Sonalis Consumer Products Ltd has extended the closing date of its Rights Issue from Friday, 25th April 2025 to Tuesday, 29th April 2025, following a board meeting held on 24th April 2025. The Rights Issue, which opened on 11th April 2025, offers up to 29,98,500 equity shares of face value ₹10 each at ₹54.60 per share (including a premium of ₹44.60), aggregating up to ₹16.37 crores, in the ratio of 3 shares for every 2 shares held. The record date was 28th March 2025. The company stated the extension was to give shareholders more opportunity to exercise their rights, with no other changes to the Letter of Offer, Abridged Letter of Offer, or application form.
Eligible shareholders get 4 additional days to subscribe to their rights entitlement. The extension may suggest the company wants to improve subscription levels, but no specific reason for the delay was disclosed. Shareholders should check their entitlement and submit applications before the new deadline.