SOMANYCERABSESomany Ceramics LtdMediumNeutral
Announced Mon, 11 May · 21:10 IST

Notice of Meeting of Equity Shareholders of Somany Ceramics Limited to be held on Saturday, 13th June, 2026 at 11:30 A.M. (IST) through video conferencing ('VC')/ other audio visual means ....

Nclt Scheme FiledStrategic Transactions View source PDF

SOMANYCERA · price

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▲ 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
-2.9%1-day move
₹469.40
prior close
₹470.00
base price
After-mkt
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+0.8-0.1-0.4-0.9-2.9-5.2-5.5-4.9+6.3+10.4+10.5+9.1+14.1
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AI summary

Somany Ceramics Limited is convening a virtual meeting on 13th June 2026 for shareholders to vote on a Scheme of Amalgamation. Three subsidiaries – Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited – will merge into Somany Ceramics Limited. The NCLT Kolkata Bench passed an order on 9th April 2026 directing this shareholder meeting. Voting will take place via remote e-voting from 10th-12th June 2026, with a cut-off date of 6th June 2026. The scheme requires approval by a majority in number representing three-fourths in value of shareholders voting.

Likely market impact

If approved, the amalgamation will consolidate three subsidiaries into Somany Ceramics, simplifying the corporate structure. Shareholders should review the scheme details as it will affect the company's consolidated financials and operations.