Somany Ceramics Limited shareholders have approved the Scheme of Amalgamation to merge Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited with the company. The resolution was passed with the requisite majority at a meeting convened by the National Company Law Tribunal (NCLT), Kolkata Bench, on June 13, 2026. The approval paves the way for the consolidation of these entities into Somany Ceramics, a strategic move aimed at streamlining operations and enhancing corporate structure.

The meeting was held through Video Conferencing (VC) on Saturday, June 13, 2026, at 11:30 A.M. IST, pursuant to the directions of the Hon’ble NCLT, Kolkata Bench. The Tribunal's orders dated April 09, 2026, and a Corrigendum Order dated April 24, 2026, mandated the convening of this meeting. The approval was granted under Section 230(6) of the Companies Act, 2013, following the notice dated April 23, 2026.

The Scrutinizer's Report confirms that the resolution received overwhelming support from equity shareholders. A total of 3,12,04,535 votes were polled, representing 76.08% of the outstanding shares. All valid votes were in favour of the scheme, amounting to 3,12,04,529 shares. Only six votes were cast against the resolution.

Voting Results Breakdown

The voting participation was robust across the shareholder categories. The table below details the voting pattern for the resolution:

Meeting Details

The total number of shareholders on the record date, June 6, 2026, was 31,079. While physical attendance was not applicable, 53 shareholders attended the meeting through Video Conferencing. The results were submitted in compliance with Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Promoters of Somany Ceramics have disclosed that they did not encumber any shares during the financial year ended March 31, 2026. The declarations, submitted to BSE and NSE, confirm that the shareholding of various promoter group individuals and trusts remained free of charges for the period. The filings were made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Shreekant Somany declared a holding of 1,41,625 equity shares as on March 31, 2026. Similarly, Abhishek Somany reported holding 45,442 equity shares in his individual capacity. In his capacity as Karta of Abhishek Somany HUF, Abhishek Somany disclosed a holding of 18,55,633 equity shares. Shrivatsa Somany held 1,42,662 equity shares, while Anjana Somany held 10,51,346 equity shares.

Minal Somany reported a holding of 6,69,030 equity shares. Anushree Chopra held 1,95,255 equity shares, and Aanvi Somany held 2,90,837 equity shares. Ameya Somany disclosed a holding of 63,014 equity shares as on the specified date.

Trust Holdings

Srijan Family Trust declared a holding of 42,05,385 equity shares. Shakthi Family Trust reported the largest holding among the trusts at 97,72,190 equity shares. Sanrakshith Family Trust held 42,05,385 equity shares. All trusts confirmed that no shares were encumbered directly or indirectly during the financial year.

Summary of Holdings