Somany Ceramics Limited — JV/Acquisition, 15-05-2026: Acquisition

Somany Ceramics is making a strategic investment of up to Rs. 8 Cr in its associate, Vintage Tiles Private Limited (VTPL). VTPL, a manufacturer of polished vitrified tiles, recorded a turnover of Rs. 116.27 Cr last fiscal year. This cash injection is earmarked for two key objectives: establishing a solar power plant and upgrading VTPL's existing manufacturing facility. This move is expected to boost operational efficiency, reduce energy costs, and strengthen production capabilities, aligning with Somany's broader tile business strategy.