
Dividend4 Nov 2026, 05:22 pm
Somany Ceramics declares interim dividend of ₹6/share
AI Summary
Somany Ceramics Limited announced the declaration of an interim dividend of 300%, or ₹6 per share, for the Financial Year 2026-27. The record date for this dividend is November 13, 2026, with payment to be made within 30 days. The Board also approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with the limited review report. Additionally, the company plans to increase its shareholding in its subsidiary, Somany Sanitary Ware Private Limited (SSWPL), by acquiring up to 25% of its paid-up equity share capital, potentially raising Somany Ceramics' stake from 51% to up to 76%.
Key Highlights
- Interim dividend of ₹6 per share declared for FY26-27.
- Record date for dividend payment set as November 13, 2026.
- Unaudited financial results for Q2 FY27 and H1 FY27 approved.
- Company to increase stake in subsidiary SSWPL to up to 76%.
- Board meeting concluded on November 4, 2026.
Price Impact
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