rediff.com
e.g. Tata motors, Reliance MF, 500570
SOMANY CERAMICS LTD. - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Download announcement < Back
15 Jan 2025
Pursuant to Regulation 30 of Listing Regulations, we hereby inform that the Board of Directors of Somany Ceramics Limited (&apos;Company&apos;), in its meeting held on 15th January, 2025 has decided to sell the Company&apos;s equity stake in Amora Tiles Private Limited (&apos;ATPL&apos;), Subsidiary Company of the Company. The Company is holding 51.00% of the total paid-up capital of ATPL and it has decided to sell its entire stake/investment in the equity shares of ATPL (&apos;Proposed Transaction&apos;). Consequently, ATPL will cease to be the Company&apos;&apos;s Subsidiary Company after the disinvestment.
View all announcements for SOMANY CERAMICS LTD. Source: BSE India