This document comprises three separate regulatory disclosures filed by Megha Arora, Mona Arora, and Sandeep Mohanlal Arora with BSE Limited. The filings are made under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, concerning the transmission of shares following the demise of Mrs. Kamal Arora, a promoter group member.
Nature of the Event
The event is a transmission of shares, a non-trade-related change in ownership due to the death of a shareholder.
Key Quantitative Figures and Holdings
1. Transmission to Megha Arora:
- Shares Transmitted: 63,269 equity shares
- Holding Pre-Transmission: 142,000 shares (2.34% of total paid-up capital)
- Holding Post-Transmission: 205,269 shares (3.38% of total paid-up capital)
2. Transmission to Mona Arora:
- Shares Transmitted: 82,100 equity shares
- Holding Pre-Transmission: 82,000 shares (1.35% of total paid-up capital)
- Holding Post-Transmission: 164,100 shares (2.70% of total paid-up capital)
3. Transmission to Sandeep M. Arora:
- Shares Transmitted: 330,031 equity shares
- Holding Pre-Transmission: 0 shares (0% of total paid-up capital)
- Holding Post-Transmission: 330,031 shares (5.45% of total paid-up capital)
Dates of Action
The date of acquisition for the transmission of shares is stated as 20-06-2026 for all three filings. The disclosure letters were submitted to the exchange on 23-06-2026.
Parties Involved
- Acquirers (Transferees): Megha Arora, Mona Arora, Sandeep Mohanlal Arora (all identified as promoters of Sonal Adhesives Limited).
- Deceased Member (Transferor): Late Mrs. Kamal Arora (member of the promoter group).
- Regulatory Authority: SEBI
- Stock Exchange: BSE Limited
Capital Structure Impact
- The total paid-up equity share capital of Sonal Adhesives Limited remained unchanged before and after the transmission event.
- Total Paid-up Capital: ₹6,06,10,000/-, comprising 60,61,000 equity shares of ₹10/- each.
- The transmission resulted only in a change in beneficial ownership within the promoter group, with no issuance of new shares or change in the total number of outstanding shares.
Mode of Acquisition
The mode of acquisition is explicitly stated as "Transmission of shares".
Financial Impact
There is no direct cash flow implication (inflow/outflow) disclosed, as this is a transmission of existing shares.
#Tags: #SonalAdhesives #SEBITakeoverRegulations #Regulation29 #ShareTransmission #OwnershipChange #RegulatoryCompliance #Neutral