The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Smita Shashikant Shah
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mrs. Smita Shashikant Shah, part of the promoter group of Sonalis Consumer Products Ltd, purchased 1,88,000 equity shares in the open market on 23rd May 2025. This acquisition increased her holding from 3,84,273 shares (8.09%) to 5,72,273 shares (12.05%) of the company's paid-up equity capital. The total equity share capital of the company consists of 47,49,000 shares of Rs. 10 each, listed on BSE SME Platform. The total consideration-related stake rose by 3.95 percentage points through this single open market transaction.
This is a promoter buying additional shares from the open market, which is generally viewed positively as it signals promoter confidence in the company's prospects. The move also takes the promoter's holding past the 10% mark, which may draw increased market attention to the stock.