Record date for interim dividend fixed at 13-Nov-2026; board also approves stake increase in subsidiary
Record date for the interim dividend: Friday, 13th November 2026.
By ScoutQuest · · 2 min read
- Interim dividend
- 300%, i.e. Rs. 6/- per share of Rs. 2/- face value, for FY 2026-27
- Record date
- Friday, 13th November 2026
- Subsidiary stake purchase
- up to 24,75,000 equity shares, up to 25% of paid-up capital; holding from 51% to up to 76%
Somany Ceramics announced a set of decisions from its board meeting held on 4th November 2026, with the dividend record date as the headline item.
What the board approved
- Unaudited standalone and consolidated financial results for the quarter and half-year ended 30th September 2026, reviewed by the audit committee, along with the statement of assets and liabilities and cash flow statement, and a limited review report from the statutory auditors.
- An interim dividend of 300%, that is Rs. 6/- per equity share of face value Rs. 2/- each, for the financial year 2026-27.
- Purchase of up to 24,75,000 equity shares, being up to 25% of the paid-up equity share capital of Somany Sanitary Ware Private Limited, from that company's existing shareholders, in one or more tranches.
Dividend and record date
The record date is Friday, 13th November 2026. A shareholder needs to appear in the register of members, or in the depository records, on that date to be entitled to the dividend. The dividend is to be paid within 30 days from the date of declaration.
The subsidiary purchase
Somany Sanitary Ware Private Limited is a subsidiary of the company. The purchase would take the company's shareholding in it from 51% to up to 76%. The shares are being bought from the existing shareholders of that company, not from the open market, and the purchase may happen in one or more tranches.
Auditor's note
The limited review report states that the interim financial results of certain subsidiaries were reviewed by other auditors, whose reports were furnished by the management. The auditors' conclusion on the statement is not modified in respect of this matter.
What these mean for a retail shareholder
- A dividend is a cash payout to eligible shareholders; the record date decides who qualifies, and the payout is measured per share held.
- Buying a larger stake in a subsidiary changes how much of that business's earnings and assets the company owns, on a consolidated basis.
Also from Somany Ceramics
Somany Ceramics to buy up to 24,75,000 shares (25%) of subsidiary Somany Sanitary Ware, raising stake from 51% to 76%
4 Nov 2026
Board approves 300% interim dividend of Rs. 6/- per share, to raise subsidiary stake to up to 76%
4 Nov 2026
Board approves 300% interim dividend, stake purchase in subsidiary and Q2 results
4 Nov 2026
More numbers
- Interim dividend per equity shareRs. 6/-
- Face value per equity shareRs. 2/-
- Interim dividend rate300%
- Equity shares to be purchased in subsidiary24,75,000 equity shares
- Stake to be acquired, as share of paid-up capital25%
- Existing shareholding in subsidiary51%
- Shareholding in subsidiary after acquisition (up to)76%
- Dividend payment timeline from declaration30 days
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.