Somany Ceramics Limited has informed the Exchange regarding Notice of Court Convened General Meeting of it equity shareholders to be held on Jun 13, 2026
SOMANYCERA · price
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Somany Ceramics Limited has called an equity shareholder meeting on June 13, 2026, to approve a Scheme of Amalgamation. Three wholly-owned subsidiaries—Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited—will be merged into Somany Ceramics Limited. The NCLT Kolkata Bench passed the first motion order on April 9, 2026. Shareholders can vote via remote e-voting from June 10-12, 2026. The scheme requires approval by majority in number representing three-fourths in value of shareholders voting. If approved, it will proceed for final NCLT sanction.
This amalgamation consolidates three subsidiaries into the parent company, which could streamline operations and reduce administrative costs. Shareholders should participate in the e-voting as this structural change will affect the company's consolidated financials.