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Sonal Mercantile Ltd.

BSE: 538943 Sector: Financials
NSE: N.A. ISIN Code: INE321M01017
BSE 00:00 | 14 Oct 28.25 -0.40
(-1.40%)
OPEN

28.55

HIGH

30.00

LOW

27.50

NSE 05:30 | 01 Jan Sonal Mercantile Ltd
OPEN 28.55
PREVIOUS CLOSE 28.65
VOLUME 156
52-Week high 33.15
52-Week low 12.10
P/E 9.67
Mkt Cap.(Rs cr) 42
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 28.55
CLOSE 28.65
VOLUME 156
52-Week high 33.15
52-Week low 12.10
P/E 9.67
Mkt Cap.(Rs cr) 42
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sonal Mercantile Ltd. (SONALMERCANTILE) - Company History

Sonal Mercantile Ltd. registered with the Reserve Bank of India (RBI) as Non-Banking Financial Company was incorporated in November 04 1985. The company is engaged in the business of providing secured and unsecured loans & advances and investing in securities both quoted and unquoted. The Company offers specialized solutions for meeting specific liquidity requirements with technical insights into capital markets.The Securities and Exchange Board of India (SEBI) on September 2 2015 issued SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR Regulations) with the aim to consolidate and streamline the provisions of the Listing Agreement for different segments of capital markets to ensure better enforceability. The said regulations were effective 01st December 2015. Accordingly all listed entities were required to enter into the Listing Agreement within six months from the effective date. The Company entered into Listing Agreement with BSE Limited. The Company is also listed on Delhi Stock Exchange (Inoperative Stock Exchange).The Company has one associate company i.e. M/s Rudraveerya Developers Limited as on 31 March 2019.

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