Timeline extended for Siravit Ceramics investment by 3 months

Strategic Transactions View source PDF Explain this filing

SOMANYCERA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹591.40

prior close

₹591.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+2.0% vs market

Ceramics peers, median of 10sector+0.8%+2.0% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.0 pts more than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.0

10m

+1.1

15m

+1.9

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+0.8+2.0+0.8+2.0

Next day

+1.5+1.0+0.4+1.5-0.0

+1.3+1.7-0.5+1.2+0.1

-0.2+0.1-0.3+3.0-3.2

-1.3+0.8-2.0+2.2-3.4

-0.7-0.9+0.2+0.0-0.8

-6.6-4.5-2.1-4.0-2.6

15d

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UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Somany Ceramics had approved investing up to Rs. 58.80 crore in Siravit Ceramics Private Limited for up to 49 percent stake. The original 90-day deadline from July 13, 2026 has been extended by 3 months to January 8, 2027. Funds will be released in tranches based on the progress of SCPL's proposed manufacturing facility. All other terms remain unchanged.

Likely market impact

Deal completion pushed back, but terms intact. Watch for fund tranches tied to the new manufacturing facility's progress.