Transaction Details
- Date of Transaction: 10th June 2026
- Instrument Acquired: 18,00,000 11% Cumulative Redeemable Preference Shares of ₹10 each
- Total Investment Amount: ₹1,80,00,000 (Rupees One Crore Eighty Lakhs)
- Consideration Type: Cash consideration
- Transaction Type: Rights issue
- Regulatory Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026
Subsidiary Company Details
Name: M/s Sudha Somany Ceramics Private Limited (SSCPL)
Status: Subsidiary of Somany Ceramics Limited
Date of Incorporation: 2nd December 2015 (incorporated in FY 2015-16)
Industry: Tile, Sanitaryware, Faucets and other allied products
Geographic Presence: India
Capital Structure:
- Authorized Share Capital: ₹97,00,00,000 divided into:
- 7,70,00,000 Equity Shares of ₹10 each
- 2,00,00,000 Preference Shares of ₹10 each
Pre-Transaction Paid-up Capital:
- Equity Share Capital: ₹67,62,50,000
- Preference Share Capital: ₹17,00,00,000
Financial Performance:
- FY 2025-26 Turnover: ₹24,306.87 Lakhs
- FY 2024-25 Turnover: ₹23,034.07 Lakhs
- FY 2023-24 Turnover: ₹21,890.40 Lakhs
Transaction Impact and Rationale
Shareholding Impact: The acquisition maintains the Company's shareholding percentage at 60% in SSCPL post-transaction.
Purpose of Investment: The funds will be utilized by SSCPL to:
- Carry on its business operations
- Provide financial assistance in an efficient manner
- Achieve growth plans
- Repayment of existing loans
Regulatory and Compliance Aspects
Related Party Transaction: Yes, SSCPL is a related party of the Company.
Arm's Length Basis: The investment has been made at arm's length basis.
Promoter/Promoter Group Interest: No interest from promoter/promoter group/group companies in this transaction, except as mentioned.
Government Approvals: Not applicable
Transaction Completion: Allotment has been made by SSCPL on 10th June 2026
Additional Information
The complete disclosure including all required details under SEBI regulations is enclosed as an annexure to the filing. This information is also available on the company's website at www.somanyceramics.com.
Filing Date: 10th June 2026