Somany Ceramics has informed that the 273rd meeting of the Board of Directors of the Company will be held on Thursday, 13th January, 2022, to consider and approve the following: Allotment of Equity Shares to the shareholders of Schablona India ('SIL') ('Transferor Companies') in proportion of their respective shareholding in SIL, i.e., 3 (Three) fully paid-up equity share of Rs. 2 each of the Company for every 100 (One Hundred) fully paid up equity share of Rs 4 each held, pursuant to the Scheme of Amalgamation of Schablona India ('Transferor Company') with Somany Ceramics (Transferee Company) approved by National Company Law Tribunal, Kolkata Bench and National Company Law Tribunal, New Delhi, Principal Bench.
The above information is a part of company’s filings submitted to BSE.