Prism Johnson Limited has disclosed a purchase of equity shares in its subsidiary company, Samini Ceramics Limited (formerly known as Sentini Cermica Limited), pursuant to Regulation 30 of the SEBI Listing Regulations.
Transaction Details
- Execution Date: Share Purchase Agreement executed on July 1, 2026
- Transaction Completion: July 31, 2026
- Shares Purchased: 52,78,500 equity shares of ₹10 each
- Seller: M/s Sentini Buildtech LLP, an existing shareholder of Samini
- Total Consideration: ₹15,30,76,500
- Payment Method: Cash consideration through normal banking channels
- Regulatory Reference: SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Ownership Impact
- Pre-Transaction Holding: 90% stake in Samini Ceramics Limited
- Post-Transaction Holding: 98.5% stake on a fully diluted basis
- Percentage Increase: 8.5% additional ownership
Target Company Information
- Name: Samini Ceramics Limited (formerly Sentini Cermica Limited)
- Industry: Manufacturer of ceramic tiles
- Incorporation Date: January 11, 2002 under the Companies Act, 1956
- Plant Location: Vijaywada, Andhra Pradesh
Financial Performance (Turnover)
- FY 2025-26: ₹61.18 Crores
- FY 2024-25: ₹71.13 Crores
- FY 2023-24: ₹78.40 Crores
Transaction Characteristics
- Related Party Status: Does not fall within related party transaction
- Promoter Interest: Promoter/promoter group/group companies have no interest in Samini
- Government Approvals: None required
- Arm's Length: Implied through normal commercial terms
Purpose and Impact
The acquisition increases Prism Johnson's control over its ceramic tiles manufacturing subsidiary, consolidating ownership from 90% to 98.5% on a fully diluted basis.
Compliance Officer
Shailesh Nagindas Dholakia, Company Secretary & Compliance Officer, digitally signed the disclosure on July 31, 2026.
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