Sonalis Consumer Products Limited announced a private placement to issue common shares for the gross proceeds of INR 23,000,000 on March 27, 2024. The transaction will include participation from Qualified Institutions Placement or preferential Allotment or through a combination thereof or any other alternative mode. The transaction has been approved by the shareholders of the company and is subject to approval of the Shareholders and also government/ regulatory/ statutory approval, and requirements, as applicable.