Sonalis Consumer Products Appoints New Statutory Auditor

1 min read     Updated on 04 Nov 2025, 02:17 AM
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Overview

Sonalis Consumer Products Limited (BSE: 543924) has appointed M/s H Rajen & Co., Chartered Accountants, as its new statutory auditor, replacing M/s SSRV & Associates. The change was approved by the Board of Directors on November 3, 2025. The outgoing auditor resigned due to pre-occupation with other assignments. M/s H Rajen & Co., registered with ICAI (Firm Registration Number 108351W), brings over a decade of experience in various financial services including auditing and taxation. The appointment is subject to approval by company members.

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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.

Historical Stock Returns for Sonalis Consumer Products

1 Day5 Days1 Month6 Months1 Year5 Years
+2.60%-2.02%+36.21%+26.62%+0.46%+101.63%
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Sonalis Consumer Products Approves Rs. 50 Crore Fundraising via Convertible Warrants

1 min read     Updated on 18 Oct 2025, 08:42 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Sonalis Consumer Products Limited's Board of Directors has approved a fundraising plan of up to Rs. 50.00 crores through the issuance of convertible warrants to promoters and the promoter group on a preferential basis. The warrants will be convertible into equity shares with a face value of Rs. 10.00 each. The decision was made during a board meeting on October 18, 2025. A future board meeting will determine the total number of securities to be issued and finalize other related matters. This initiative complies with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Sonalis Consumer Products Limited has announced a significant move to bolster its financial position. The company's Board of Directors has approved a fundraising initiative of up to Rs. 50.00 crores through the issuance of convertible warrants to promoters and the promoter group on a preferential basis.

Key Details of the Fundraising Plan

Aspect Details
Fundraising Amount Up to Rs. 50.00 crores
Instrument Convertible warrants
Conversion Into equity shares with face value of Rs. 10.00 each
Issuance Basis Preferential basis
Beneficiaries Promoters and promoter group

Board Meeting Highlights

The decision was made during a board meeting held on October 18, 2025, which commenced at 6:30 p.m. and concluded at 7:30 p.m. The company has stated that another board meeting will be conducted in due course to determine the total number of securities to be issued and finalize other related matters.

Regulatory Compliance

This fundraising initiative aligns with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Sonalis Consumer Products has duly informed the BSE Limited about the outcome of the board meeting, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Information

Sonalis Consumer Products Limited, with its registered office in Mumbai, operates in the consumer products sector.

Historical Stock Returns for Sonalis Consumer Products

1 Day5 Days1 Month6 Months1 Year5 Years
+2.60%-2.02%+36.21%+26.62%+0.46%+101.63%
Sonalis Consumer Products
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