Somany Ceramics invests in subsidiary to support growth

Somany Ceramics Limited has acquired 3,00,00,000 equity shares of 10/- each, totaling INR 3,00,00,000, in its subsidiary, Sudha Somany Ceramics Private Limited (SSCPL), via a rights issue on October 28, 2025. This investment maintains Somany Ceramics’ 60% shareholding in SSCPL.

The acquisition aims to support SSCPL's working capital repayment and other business operations. SSCPL, which is engaged in the tile, sanitaryware, faucets, and allied products business, reported a turnover of INR 23,034.07 lakhs for the financial year 2024-25. This compares to INR 21,890.40 lakhs in 2023-24 and INR 18,863.35 lakhs in 2022-23.

The transaction is classified as a related party transaction but was conducted on an arm’s length basis, with the investment made through cash consideration. The company states that the promoter/promoter group/group companies have no other interest in the transaction.