Somany Ceramics Limited — Important, 22-04-2025: General Updates
22-04-2025 | 06:34 pm
22-04-2025 | 06:34 pm
Somany Ceramics has communicated an extension for the completion of its investment in Dura Build Care Private Limited (DBCPL). The investment of up to ₹10.5 crore (Cr) for acquiring a 52% equity stake in DBCPL now has a revised deadline of October 15, 2025. This strategic move may solidify Somany's position in the construction materials sector, potentially enhancing its product offerings and market share. Investors should watch closely as this strategic acquisition could lead to long-term growth opportunities.
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