Somany Ceramics Approves Investments Up to ₹75.8 Cr

Somany Ceramics Limited's Board of Directors has approved multiple strategic investments. The company will invest up to ₹58.80 crore in Siravit Ceramics Private Limited to acquire up to 49% stake, aiming to establish a manufacturing capacity of approximately 9 million square metres per annum for Glazed Vitrified Tiles to cater to future business growth in the Southern Market. Additionally, an investment of up to ₹2.00 crore is approved for V.S. Industries Private Limited in Nepal, acquiring up to 50% equity. The Board also approved an additional investment of up to ₹15.00 crore in its subsidiary, Sudha Somany Ceramics Private Limited (SSCPL). The meeting took place on July 13, 2026.