Somany Ceramics is planning to sell its equity stake in subsidiary company -- Amora Ceramics (ACPL). The Company is holding 51% of the total paid up capital of the ACPL and it has decided to sell its entire stake/investment in the equity shares of ACPL. Consequently, Amora Ceramics will cease to be the subsidiary of the Company after completion of disinvestment.
Somany Ceramics is in the business of manufacturing and trading of tiles, Sanitaryware and Bath Fittings.