Announced Fri, 31 Jul · 13:21 IST
Newspaper ad filed for NCLT hearing on amalgamation scheme on 28 August
SOMANYCERA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹489.95
prior close
₹484.45
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+4.1+3.3+1.4+2.8+1.4+4.1+5.9+14.9——
Up moveDown movePending
AI summary
Somany Ceramics filed newspaper ads on 31 July 2026 in Business Standard and Aajkaal, notifying the NCLT Kolkata Bench hearing scheduled for 28 August 2026. The petition seeks approval for amalgamation of three group entities, Somany Bathware, Somany Excel Vitrified, and SR Continental, into Somany Ceramics under Sections 230 to 232 of the Companies Act 2013. This filing is a procedural disclosure step following the NCLT order dated 21 July 2026.
Likely market impact
Routine procedural update. NCLT hearing on the proposed merger of three group arms into Somany Ceramics is now scheduled for 28 August 2026.