- Business
- Sonal Adhesives Limited Sonal Adhesives Limited (SONALAD.BO) manufactures and exports biaxially oriented polypropylene (BOPP) self-adhesive tapes and specialty adhesives and emulsions in India. The company produces BOPP carton sealing tapes featuring water-based acrylic adhesives, available as plain tapes, printed tapes in up to four colors, colored tapes, jumbo rolls, easy tear or hand sealable tapes, low noise tapes, stationery tapes, and masking tapes; specialty adhesives and emulsions since 1996, including high-quality paint emulsions, textile binders for printing and flocking applications, adhesives for BOPP tapes, stickers and lamination, woodworking adhesives, and emulsions for construction chemicals with an annual capacity of 6,000 TPA; and PP/HDPE ropes and twines in 3- and 4-strand configurations up to 32 mm diameter and bale twines up to 100,000 denier, primarily for export. Products are marketed under the SONAL and ADICRYL brands to dealers and end-users across industrial sectors in India and exported to Spain, Nigeria, Germany, Middle East countries, and the African continent. Incorporated in 1991 and listed on the Bombay Stock Exchange since 1995, the ISO 9001:2008-certified company operates a manufacturing facility in Khopoli, Maharashtra, near major seaports and 85 km from Mumbai Airport. Recent developments include a change in registrar and share transfer agent from Link Intime India Private Limited to MUFG Intime India Private Limited, appointment of Tejas Shah as additional independent director in August 2024 replacing retiring director Manish Nanda, reconstitution of audit, nomination and remuneration, and stakeholder relationship committees, and a planned board meeting in July 2024 to consider fundraising that was subsequently cancelled.