Somany Ceramics Limited has announced the resignation of Mr. Atish Bhattacharya from his position as HR Head and Senior Management Personnel, effective 2nd February, 2026. The company informed both BSE and NSE about this senior management change in compliance with regulatory requirements.

Resignation Details

The resignation was formally communicated through a letter dated 2nd February, 2026, with Mr. Bhattacharya citing a change in delegation of responsibilities as the reason for his departure. The company has provided comprehensive disclosure pursuant to Regulation 30 of SEBI Listing Regulations.

Regulatory Compliance

Somany Ceramics has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the required documentation to both stock exchanges where its shares are listed.

Stock Exchange Details:

• BSE Scrip Code: 531548
• NSE Symbol: SOMANYCERA

Documentation and Disclosure

The company has provided complete documentation including the resignation letter and regulatory disclosures as annexures. Company Secretary and Compliance Officer Anuj Kalia signed the intimation letter, ensuring proper compliance with listing regulations.

In his resignation letter, Mr. Bhattacharya expressed gratitude for the opportunities and support received during his tenure as HR Head. The information has been made available on the company's website at www.somanyceramics.com for stakeholder access.

Somany Ceramics has announced its strategic financial roadmap, focusing on significant debt reduction and operational cost optimization over the coming years.

Debt Reduction Strategy

The company has forecasted a substantial reduction in its total external debt position, targeting approximately INR 50 crore by FY28. This ambitious debt reduction plan involves repaying INR 70 crore during the combined period of FY27 and FY28.

Operational Cost Management

Somany Ceramics expects operational costs to remain stable in the near term. Gas prices, a significant input cost for ceramic manufacturing, are anticipated to be stable and average around INR 42.5 to INR 43 for Q4.

Marketing Expense Optimization

The company plans to normalize its advertising expenses to 2.5% of sales, indicating a strategic approach to marketing spend optimization. This normalization suggests a balanced approach between brand promotion and cost efficiency.

These strategic initiatives reflect Somany Ceramics' commitment to strengthening its financial position while maintaining operational efficiency across key cost centers.