Sonalis Consumer Board Approves Loan Conversion to Equity

The Board of Directors of Sonalis Consumer Products Ltd. approved the audited standalone financial results for the half year and year ended March 31, 2026. They also approved availing unsecured loans from promoters/promoter group/directors/relatives of directors/body corporate, to be converted into equity shares via preferential allotment/private placement, subject to necessary approvals. Additionally, the board approved issuing up to 20,000,000 new equity shares through various methods, also subject to approvals. The meeting took place on May 27, 2026.