NCLT meeting approves amalgamation of 3 subsidiaries into Somany Ceramics

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

SOMANYCERA · price

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹517.00

prior close

₹517.55

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.0% vs market

Ceramics peers, median of 9sector+0.4%+0.4% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.4 pts more than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+0.9+0.8+0.0+0.4+0.4

Next day

-1.5+0.1-1.7-1.3-0.2

+0.2+0.0+0.1-3.1+3.3

-0.6-0.6+0.0-2.5+1.9

+0.0-0.9+0.9-1.5+1.5

+3.3+0.2+3.1-1.3+4.6

+3.9+1.2+2.7-1.5+5.4

15d

+4.1+0.7+3.3-3.1+7.2

-2.6-0.4-2.2-6.2+3.6

+6.8+5.2+1.6-8.8+15.5

+15.5+5.4+10.1-11.5+27.0

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Equity shareholders of Somany Ceramics approved the Scheme of Amalgamation at the NCLT-convened meeting on June 13, 2026. Three wholly owned subsidiaries (Somany Bathware, Somany Excel Vitrified, and SR Continental) will merge into Somany Ceramics with effect from April 1, 2025. 145 shareholders holding 3.12 crore shares voted in favor (99.99998%), 5 voted against. No new shares will be issued as the transferor companies are wholly owned.

Likely market impact

Internal restructuring of wholly owned subsidiaries; no share dilution. Awaiting final NCLT sanction for the scheme to take effect.