Cera Sanitaryware Limited has informed stock exchanges about gas supply restrictions imposed by Sabarmati Gas Ltd due to the ongoing West Asian crisis. The company filed the disclosure under Regulation 30 of SEBI Listing Regulations on March 5, 2026.

Gas Supply Restriction Details

Sabarmati Gas Ltd has communicated a provisional restriction of gas supply up to 50% of Daily Contracted Quantity (DCQ) effective March 6, 2026, until further notice. The restriction stems from the ongoing crisis in West Asian countries, which has disrupted regional energy supply chains.

Operational Impact Assessment

The company acknowledged that this disruption may have a temporary and partial impact on production activities. However, Cera Sanitaryware maintains alternative gas supply arrangements that help mitigate the potential disruption.

Key factors supporting continued operations include:

• Alternative Supply: Gas supply arrangement with GAIL (India) Ltd remains operational
• Inventory Management: Company maintains optimum inventory levels
• Dispatch Continuity: Product dispatches continue as usual despite the restriction

Business Impact Analysis

Cera Sanitaryware stated that the gas supply restriction will not have a material impact on business operations currently. The company's diversified gas supply strategy and inventory management practices provide operational resilience during this disruption.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under SEBI Master Circular dated January 30, 2026, including force majeure event disclosures.

While the expected quantum of loss or damage cannot be quantified currently, the company emphasized that optimum inventory levels and continued dispatches support normal business operations. The situation remains under monitoring as the West Asian crisis continues to affect regional energy supplies.

Cera Sanitaryware Limited has announced that eligible employees have exercised 170 stock options under the Employee Stock Option Scheme 2024 (ESOS 2024). The company informed BSE and NSE about this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock Option Exercise Details

The exercised options were part of the original grant made on 5th June, 2024, which subsequently vested on 5th June, 2025. The exercise took place on 17th February, 2026, generating proceeds of Rs. 850 for the company.

ESOS 2024 Scheme Structure

The Employee Stock Option Scheme 2024 originally granted 14,950 options to eligible employees, covering an equal number of equity shares with a face value of Rs. 5 each. The scheme follows a structured vesting schedule spread over five years, with the exercise price set at the face value of the company's shares.

The first tranche of 1,496 options (10% of total grant) vested on 5th June, 2025, marking the first anniversary of the grant date. Out of these vested options, 1,236 were previously exercised on 18th June, 2025, with the remaining 170 options being exercised in the current instance.

Capital Structure Impact

The exercise of these stock options will not result in any change to the company's paid-up equity share capital. Cera Sanitaryware has sourced the required shares from the secondary market, with the Cera Sanitaryware Employees Welfare Trust facilitating the transfer of equity shares to the option holders.

Regulatory Compliance

The ESOS 2024 scheme operates in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Eligible employees have a maximum exercise period of five years from the relevant vesting date to exercise their vested options. The scheme includes performance conditions based on Key Performance Indicators (KPIs) as detailed in individual grant letters issued to employees.