Rajesh’s portfolio

@Rajesh_Singh Sir Did you go through Sonalis consumer annual report? Company is planning some big changes.

1. Increasing authorised share capital from 2 crores to 13.5 crores.
2. Amending the object clause to diversify their business.
3. Preferential issue upto 14.52 crores at 60/share as consideration for land.

Post the preferential issue the promoter’s holding will come down from 38.59% to 17.45%.

Sir how do you see these changes? Are you bullish on the company and planning to hold it for long term?