Sonalis Consumer Products Reports Half-Year Results and Fund Reallocation

Sonalis Consumer Products Limited has announced its unaudited standalone financial results for the half year ended September 30, 2025, along with significant corporate updates and fund utilization details from its rights issue.

Financial Performance

The company reported revenue from operations of Rs. 7,800.05 lakhs for the half year ended September 30, 2025.

Corporate Governance Update

Sonalis Consumer Products has accepted the resignation of Mr. Devendrakumar Keshavlal Viradiya (DIN: 10825880) from his position as Director of the Company, effective November 6, 2025.

Fund Utilization and Reallocation

The company has disclosed details regarding the utilization of funds raised through its rights issue. A significant development is the reallocation of Rs. 404.95 lakhs from capital expenditure to general corporate purposes and working capital requirements. This decision was made with board approval.

The reallocation breaks down as follows:

Original Purpose	Amount (Rs. in Lakhs)	Reallocation
Funding Capital Expenditure for construction of building	144.58	Reallocated to general corporate purposes/working capital
Funding Capital Expenditure for purchase of equipment/Machineries	260.37	Reallocated to general corporate purposes/working capital

Other Financial Highlights

Working Capital: The company has fully utilized Rs. 857.14 lakhs for working capital requirements, exceeding the original allocation of Rs. 690.85 lakhs.
General Corporate Purpose: Rs. 319.56 lakhs have been used for general corporate purposes, surpassing the initial allocation of Rs. 200.00 lakhs.
Capital Expenditure: Out of the allocated funds, Rs. 196.20 lakhs have been utilized for the construction of buildings, and Rs. 132.60 lakhs for the purchase of equipment/machinery.

Related Party Transactions

The company has also disclosed details of related party transactions, including remuneration for key management personnel:

Sonali Kocharekar (Managing Director): Remuneration approved up to Rs. 15,00,000
Smita Shah (Executive Director): Remuneration approved up to Rs. 15,00,000
Sweta Agarwal (Company Secretary): Salary approved up to Rs. 1,38,000

These disclosures align with the company's commitment to transparency and compliance with SEBI regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+5.84%	+28.33%	+26.23%	-6.97%	+96.53%

Sonalis Consumer Products Limited , a company listed on the BSE (Script Code: 543924), has announced a change in its statutory auditor. The Board of Directors, in a meeting held on November 3, 2025, accepted the resignation of M/s SSRV & Associates, Chartered Accountants, and appointed M/s H Rajen & Co., Chartered Accountants, as the new statutory auditor.

Key Details of the Change

Aspect	Details
Outgoing Auditor	M/s SSRV & Associates, Chartered Accountants
Incoming Auditor	M/s H Rajen & Co., Chartered Accountants
Effective Date of Resignation	November 3, 2025
Appointment Date	November 3, 2025
Reason for Resignation	Pre-occupation with other assignments
Appointment Subject to	Approval of company members

New Auditor Profile

M/s H Rajen & Co. is registered with the Institute of Chartered Accountants of India (ICAI) as a Fellow Member, with Firm Registration Number 108351W. The firm brings over a decade of post-qualification experience, specializing in:

Income Tax
Auditing
Statutory Audits
Tax Audits
Internal Audits
GST

Board Meeting Details

The Board meeting where these decisions were made commenced at 6:30 p.m. and concluded at 7:30 p.m. on November 3, 2025. The company has complied with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, in disclosing this information.

This change in statutory auditor marks a significant corporate action for Sonalis Consumer Products Limited. The incoming firm brings a wealth of experience in various aspects of financial auditing and taxation.