India, July 16 -- Somany Ceramics Ltd. has officially completed the acquisition of a 51% equity stake in Dura Build Care Private Limited (DBCPL), the company announced in a regulatory filing. The acquisition involves 11,04,886 equity shares, valued at approximately Rs 10.3 crore (INR 10,30,19,570.64).
With this transaction, DBCPL has now become a subsidiary of Somany Ceramics. The company had previously informed the stock exchanges about the proposed investment through its communications dated February 6, 2025, and April 22, 2025.
The disclosure has been made in accordance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as the SEBI Master Circular dated July 11, ...