Somany Ceramics provides regulatory update on disinvestment of entire stake in associate company Acer Granito Private Limited.
Company agrees to revised payment schedule from purchaser and extends transaction completion deadline by nine months to February 2027.
Extension is subject to compliance with mutually agreed revised payment terms including applicable interest on balance consideration.
Disclosure made pursuant to SEBI Listing Regulations following initial intimation dated January 15, 2025.