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SONALIS CONSUMER PRODUCTS LTD.

20 December 2024 | 12:00

Industry >> Food Processing & Packaging

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ISIN No INE0N5O01013 BSE Code / NSE Code 543924 / SONALIS Book Value (Rs.) 28.32 Face Value 10.00
Bookclosure 26/09/2024 52Week High 100 EPS 0.11 P/E 582.45
Market Cap. 12.34 Cr. 52Week Low 30 P/BV / Div Yield (%) 2.18 / 0.00 Market Lot 2,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The history and lineage traces back to Ms. Sonali Nilesh Kocharekar and Ms. Smita Shashikant Shah, both avid health aware foodies, who savored nutritious snacks in the compact form of Nutri -Bars and healthy Indian trail mixes. They created a line of nutritious bars and snacks that are made out of various nuts, seeds, flours, healthy oil and various spices under the brand name of "Appetite Food" a Partnership firm, in the year 2020. The Company acquired the running business of the partnership firm, M/s. Appetite Food through Business Transfer Agreement dated May 15, 2022. the Company has absorbed the business line & distribution network of Appetite Food. Since, Appetite Food has already been in active business for approximately for three years, it provides an ideal platform for the Company to grow/ expand its business in the region. We have over the years leveraged the understanding of the target markets and consumer segments, product innovation capabilities, extensive distribution network, strategically located manufacturing facilities, and have focused the marketing and promotional activities to strengthen the product and presence across India.

MAJOR EVENTS AND MILESTONES OF THE COMPANY
2022
- Incorporation of the Company in the name of `Sonalis Consumer Products Limited'
- Takeover of the running business of a partnership firm "Appetite Foods"
- Annual Recognition to the Promoter Ms. Sonali Kocharekar in "Top 10 Leaders in Food Brand - 2022"