The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shreekant Somany
SOMANYCERA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shreekant Somany, a promoter of Somany Ceramics Limited, has disclosed an acquisition of 2,000 equity shares of the company through an open market purchase on 16th March 2026. This is a small increase in his stake from 0.28% (1,15,887 shares) to 0.29% (1,17,887 shares) of the company's paid-up equity capital. The disclosure has been filed under Regulation 29(2) of SEBI Takeover Regulations, 2011, which mandates reporting whenever an acquirer's holding crosses certain thresholds. The total share capital of the company remains unchanged at 4,10,12,806 equity shares of INR 2 each.
This is a marginal purchase by the promoter (just 0.01% increase), so it has negligible direct impact on the stock price. However, it signals continued promoter confidence in the company and may be viewed positively by retail investors as a sign of insider belief in the business.