Somany Ceramics531548Stake acquisition deal
Somany Ceramics to buy up to 24,75,000 shares (25%) of subsidiary Somany Sanitary Ware, raising stake from 51% to 76%
By ScoutQuest · · 1 min read
25%Additional stake to be acquired
- Stake increase
- holding to rise from 51% to up to 76%
- Shares to be acquired
- up to 25% of paid-up equity share capital; up to 24,75,000 equity shares
- Consideration
- No consideration amount is disclosed.
- Target
- Somany Sanitary Ware Private Limited (SSWPL), a subsidiary of Somany Ceramics Ltd
- Transaction
- Acquisition (stake increase in existing subsidiary)
Somany Ceramics to buy up to 24,75,000 shares (25%) of subsidiary Somany Sanitary Ware, raising stake from 51% to 76%.
Board meeting
Record date for interim dividend
Also from Somany Ceramics
Record date for interim dividend fixed at 13-Nov-2026; board also approves stake increase in subsidiary
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
- Equity shares proposed to be purchased24,75,000
- Additional stake to be acquired25%
- Existing shareholding in SSWPL51%
- Shareholding after acquisition (up to)76%
Source: BSE · 4 Nov 2026
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