Cera Sanitaryware Limited , a prominent player in the sanitaryware industry, has announced the re-appointment of Mr. Ravi Bhamidipaty as an Independent Director for a second term. This decision, approved by the company's Board of Directors, marks a continuation of Mr. Bhamidipaty's tenure on the board.

Key Details of the Re-appointment

• Term: Three consecutive years
• Effective Date: August 4, 2025
• Approval Process: Recommended by the Nomination and Remuneration Committee
• Final Approval: Subject to shareholder approval

About Ravi Bhamidipaty

Mr. Ravi Bhamidipaty brings a wealth of experience and expertise to Cera Sanitaryware's board:

Professional Qualifications

• Chartered Accountant (CA)
• Company Secretary (CS)
• Chartered Financial Analyst (CFA)
• Cost and Works Accountant (ICWA)
• B.Com (Gold medalist)

Experience and Expertise

• Years of Experience: 40 years in various financial and management roles
• Areas of Expertise:
  • Corporate Finance
  • Debt Syndication
  • Equity Placement
  • Mergers and Acquisitions
  • Governance Risk & Control
  • Strategy and Planning

Career Highlights

• Previous Roles: Served as Chief Financial Officer at companies including Ashima, Sembawang, and Adani Port
• Current Occupation: Provides management and financial consultancy services

Additional Information

The re-appointment of Mr. Bhamidipaty aligns with Cera Sanitaryware's commitment to maintaining strong corporate governance. His extensive experience in finance, strategy, and governance is expected to continue providing valuable insights to the company's board.

Cera Sanitaryware Limited made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's shareholders will have the final say on this re-appointment in an upcoming meeting.

Cera Sanitaryware , a leading player in the Indian sanitaryware industry, has announced the launch of its new bathware line, 'Polipluz', targeting the domestic market. This strategic move aims to strengthen the company's position in the competitive bathroom fixtures segment.

New Product Line Details

The 'Polipluz' range introduces a variety of bathroom fixtures, including:

• Showers
• Bathtubs

This expansion of Cera Sanitaryware's product portfolio demonstrates the company's commitment to innovation and meeting evolving consumer demands in the home improvement sector.

Market Implications

The introduction of the 'Polipluz' line could potentially impact Cera Sanitaryware's market presence in several ways:

1. Product Diversification: By adding new bathware options, Cera Sanitaryware is diversifying its offerings, which may appeal to a broader customer base.

2. Domestic Market Focus: The launch specifically targets the local market, indicating the company's efforts to strengthen its position within India.

3. Competition: The new line may intensify competition in the bathroom fixtures market, potentially challenging other players in the industry.

Company Overview

Cera Sanitaryware is known for its range of bathroom and kitchen solutions. The launch of 'Polipluz' aligns with the company's history of introducing innovative products to meet consumer needs in the sanitaryware sector.

Investors and industry observers will likely be watching closely to see how this new product line impacts Cera Sanitaryware's market share and financial performance in the coming quarters.