The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sonali Nilesh Kocharekar
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Mrs. Sonali Nilesh Kocharekar, part of the promoter group of Sonalis Consumer Products Ltd, purchased 90,000 equity shares (1.89% of total share capital) in the open market on 21/05/2025. Her holding increased from 6,04,274 shares (12.72%) to 6,94,274 shares (14.62%) of the company. The shares were bought on the BSE SME Platform where the company is listed. No encumbrance, pledging, or off-market transfer was involved in this transaction.
This is a promoter buying signal, which is generally viewed positively by retail investors as it shows confidence from insiders in the company's prospects. The incremental stake increase of ~1.89% is modest and was done via open market purchase, providing some support to the stock price.