Somany Ceramics Limited has informed the Exchange about General Updates
SOMANYCERA · price
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Somany Ceramics has completed the acquisition of a 51% equity stake in Dura Build Care Private Limited (DBCPL). The company purchased 11,04,886 equity shares for approximately INR 10.30 crores. Following this acquisition, DBCPL has now become a subsidiary of Somany Ceramics. This is a follow-up to earlier intimation made on 6th February 2025 and 22nd April 2025 regarding the investment.
This acquisition expands Somany Ceramics' business footprint by adding DBCPL as a subsidiary, which could contribute to future revenue and earnings. Shareholders should note the additional integration risks and monitor how the new subsidiary impacts consolidated financials going forward.