Somany Ceramics to increase stake in subsidiary to 76%

Somany Ceramics Limited announced its Board of Directors has approved increasing its shareholding in its subsidiary, Somany Sanitary Ware Private Limited (SSWPL), from the current 51% to up to 76%. This will be achieved through the purchase of up to 24,75,000 equity shares from existing shareholders, in one or more tranches. The company also declared an interim dividend of 300% (₹6 per share) for FY27. Additionally, the Board reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.