Somany Ceramics Declares ₹4 Interim Dividend Per Share for FY2025

Somany Ceramics has declared an interim dividend of ₹4 per share for the financial year 2025-26, marking a direct return of value to its shareholders. The announcement was made following a Board of Directors meeting held on May 4, 2026, which commenced at 11:00 A.M. and concluded at 11:35 A.M.

Interim Dividend Declaration

The board approved the interim dividend at 200% on equity shares with a face value of ₹2 per share, amounting to ₹4 per share. The following table summarizes the key details of the announcement:

Parameter: Details Dividend Type: Interim Dividend Dividend Amount: ₹4 per share Dividend Rate: 200% Face Value: ₹2 per share Financial Year: 2025-26 Record Date: May 8, 2026 Declaration Date: May 4, 2026

The interim dividend will be paid to shareholders who hold shares in physical form and/or electronic form, and whose names appear in the Register of Members and/or Depositories on May 8, 2026, being the record date fixed by the company. The payment will be made to eligible shareholders within 30 days from the date of declaration.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date had been previously intimated to the stock exchanges vide a letter dated April 28, 2026. Interim dividends are distributions made by a company to its shareholders before the finalisation of annual financial results, and such declarations are typically viewed as a sign of confidence in the company's financial position during the period.

Somany Ceramics Limited has announced a timeline extension for the disinvestment of its entire equity stake in associate company Acer Granito Private Limited (AGPL). The company informed stock exchanges on 2nd May 2026 about the revised completion schedule following discussions with the purchasers.

Transaction Timeline Extension

The original Share Purchase Agreement executed on 4th February 2025 stipulated that the disinvestment transaction would be completed within 15 months from the agreement date. However, the company has now agreed to extend this timeline by an additional 9 months from 4th May 2026.

Parameter Details Original Agreement Date 4th February 2025 Initial Completion Timeline 15 months from execution Extension Period 9 months from 4th May 2026 Transaction Type Sale of entire equity stake in AGPL

Revised Payment Terms

The timeline extension follows a communication from the promoter/purchasers of AGPL proposing modifications to the payment structure. The purchasers requested a revised payment schedule for the balance consideration along with applicable interest, necessitating an extension of the completion timeline.

Somany Ceramics has agreed to the revised payment plan, subject to compliance with the new payment schedule and terms as mutually agreed between the parties. The company expects the disinvestment to be completed within the extended timeline.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update continues the company's earlier intimation dated 15th January 2025, when the Board of Directors initially approved the sale of the entire equity stake in AGPL.

The disclosure requirements related to this divestment under Regulation 30 read with Schedule III of the SEBI Listing Regulations were previously filed with stock exchanges on 15th January 2025. The company has also made this information available on its official website at www.somanyceramics.com .

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