Sonal Adhesives: Promoter Share Transmission Under SEBI SAST Reg 10(1)(g)

Sonal Adhesives Ltd has filed a disclosure regarding the transmission of 4,75,400 equity shares among its promoter group members. This transmission, due to the demise of Ms. Kamal Arora, involves shares being transferred to Mr. Sandeep M. Arora, Ms. Megha M. Arora, and Ms. Mona M. Arora. The company states that this transaction falls under the exemption provided by Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, meaning no open offer is required. The aggregate shareholding of the promoter and promoter group remains unchanged at 11.54% post-transmission.