Sonata Software Limited has informed the Exchange regarding Trading Plan pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
SONATSOFTW · price
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Sonata Software Limited has informed the exchanges that a proposed Trading Plan submitted by the Sonata Software Limited Employee Welfare Trust has been approved by the Compliance Officer under SEBI (Prohibition of Insider Trading) Regulations, 2015. The plan involves acquisition (buying) of company shares worth up to INR 17 Crores in total. The buying will be executed in three tranches across January to March 2026: up to INR 6 Crores between January 1-7, 2026; up to INR 6 Crores between February 2-6, 2026; and up to INR 5 Crores between March 2-6, 2026. The trustees confirmed they do not possess any Unpublished Price Sensitive Information (UPSI) and that the plan is irrevocable once approved.
This is a sign of confidence from the company's own Employee Welfare Trust, which is planning to acquire shares worth up to INR 17 Crores over the next few months. For shareholders, this signals insider confidence in the company's prospects and may provide some price support during the specified trading windows. It is a regulated, transparent acquisition rather than a routine open-market buyback.