Somany Ceramics has further acquired 18,00,000 11% Cumulative Redeemable Preference Shares of Rs 10 each aggregating to Rs 1.80 crore in Sudha Somany Ceramics (SSCPL), a Subsidiary of the Company, by way of rights issue on June 10, 2026. The funds will be utilized by SSCPL to carry on the business and provide financial assistance in efficient manner to achieve growth plans and repayment of existing loans.
Somany Ceramics is in the business of manufacturing and trading of tiles, Sanitaryware and Bath Fittings.