The Company has further acquired 30,00,000/- (Thirty Lakhs) equity shares of Rs. 10/- each aggregating to Rs. 3,00,00,000/- (Rupees Three Crores Only) in M/s Sudha Somany Ceramics Private Limited, a Subsidiary of the Company, by way of rights issue on 28th October, 2025.
SOMANYCERA · price
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Somany Ceramics Limited has acquired 30 lakh additional equity shares of Rs. 10 each in its subsidiary, Sudha Somany Ceramics Private Limited, for a total of Rs. 3 crores. The acquisition was done through a rights issue on 28th October 2025. This is an additional stake purchase in an existing subsidiary, increasing the company's investment and ownership in that entity.
This is a routine capital infusion into an existing subsidiary and is unlikely to materially affect Somany Ceramics' consolidated financials or stock price, as it is a relatively small investment within the group structure.