Somany Ceramics logo

Somany Ceramics CEO, MD, chairman, board of directors and AGM

NSE: SOMANYCERABSE: 531548Consumer DurablesSmall Cap

Formerly SPL
Last close ₹528.95down ₹22.80 (4.13%)BSE ₹528.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹551.75.

52-week range of traded prices to 23 Oct 2026
₹332.00Low, 10 Mar 2026₹631.70High, 6 Oct 2026
Market cap
₹2,169 Cr1,214th largest listed
P/E
20.4
P/B
2.6
Dividend yield
1.13%
ROE
13.2%
ROCE
15.7%
Debt to equity
0.27
Volume, NSE
1,00,84650.3% delivered

Somany Ceramics board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorShreekant SomanyRelated to the promoter
  • Managing director and CEOAbhishek Somany
  • Company Secretary and Compliance OfficerAnuj Kalia

8 directors5 independent2 executive1 non-executive

  • Shreekant Somany · Chairperson and managing directorExecutive · joined Sep 1992 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Abhishek Somany · Managing director and CEOExecutive · joined Sep 2001 · reappointed Jun 2026 · 1 listed board
  • Rameshwar Singh ThakurIndependent · joined May 2018 · reappointed May 2023 · 97 months as independent · 1 listed board · 1 as independent · 3 committee seats, 2 as chair
  • Rumjhum ChatterjeeIndependent · joined Sep 2018 · reappointed Sep 2023 · 94 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Vineet AgarwalIndependent · joined May 2019 · reappointed May 2024 · 86 months as independent · 4 listed boards · 2 as independent · 5 committee seats
  • Ghanshyam Girdharbhai TrivediNon-executive · joined Sep 2017 · reappointed Sep 2021 · 1 listed board · 2 committee seats
  • Manit RastogiIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Zubair AhmedIndependent · joined Oct 2024 · reappointed Oct 2024 · 21 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 15 May 20267 of 8 present5 independent · 10 days in between
    • 4 May 20266 of 8 present3 independent · 95 days in between
    • 28 Jan 20268 of 8 present5 independent

  • Audit Committee

    Chair Rameshwar Singh Thakur

    Vineet Agarwal, Ghanshyam Girdharbhai Trivedi, Manit Rastogi

    • 15 May 20263 of 4 present3 independent · 106 days in between
    • 28 Jan 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Rameshwar Singh Thakur

    Ghanshyam Girdharbhai Trivedi, Manit Rastogi, Vineet Agarwal

    • 15 May 20263 of 4 present3 independent · 106 days in between
    • 28 Jan 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Rameshwar Singh Thakur

    Ghanshyam Girdharbhai Trivedi, Shreekant Somany, Zubair Ahmed

    • 15 May 20263 of 4 present2 independent

  • Risk Management Committee

    Chair Abhishek Somany

    Rameshwar Singh Thakur, Vineet Agarwal, Ashavani Kumar Mani, Sailesh Raj Kedawat

    • 15 May 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Abhishek Somany

    Ghanshyam Girdharbhai Trivedi, Rumjhum Chatterjee, Manit Rastogi

    • 15 May 20262 of 4 present1 independent · 106 days in between
    • 28 Jan 20264 of 4 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/S Singhi &CoPeer-review certificate valid to Aug 2028
1 earlier auditor
  • M/s Singhi & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Somany Ceramics AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Somany Ceramics dividend history

Annual general meeting, 12 Aug 2026

32,443 shareholders on the register on 5 Aug 2026; present: 6 promoters and 79 others; votes counted by Akshit Kumar Jangid / Pinchaa & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: - a)The Audited Standalone Financial Statements of the Company for the Financial Year ended31stMarch, 2026 together with the reports of the Board of Directors and Statutory Auditors thereon; and b)The Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the report of Statutory Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 73.52% · promoters 100.00% · institutions 91.86% · other public 1.10%

  2. To declare a final dividend of Rs. 2/- per equity share of the face value of Rs. 2/- each (@100%) for the financial year ended 31st March, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 73.53% · promoters 100.00% · institutions 91.90% · other public 1.10%

  3. To appoint a Director in place of Mr. Ghanshyam Girdharbhai Trivedi (DIN: 00021470), who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    Ordinary
    86.71% for13.29% against

    Against: promoters 0.00% · institutions 54.12% · other public 0.20%

    Turnout: all 73.53% · promoters 100.00% · institutions 91.90% · other public 1.10%

  4. To Approve Material Related Party Transactions of the Company with M/s Sudha Somany Ceramics Private Limited.
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.85%

    Turnout: all 18.32% · promoters 0.00% · institutions 91.90% · other public 1.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Meeting called by the tribunal, 13 Jun 2026, 1 resolution

31,079 shareholders on the register on 6 Jun 2026; present: 3 promoters and 50 others; votes counted by Siddhartha Mukhopadhyay / NA.The company's voting result (opens in a new tab)

  1. Approval of the Scheme of Amalgamation of Somany Bathware Limited, Somany Excel Vitrified Private Limited and SR Continental Limited with and into the Somany Ceramics Limited and their respective shareholders and creditorsMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 76.08% · promoters 100.00% · institutions 94.76% · other public 1.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Sep 2025, 9 resolutions

31,909 shareholders on the register on 11 Sep 2025; present: 12 promoters and 66 others; votes counted by Akshit Kumar Jangid / Pinchaa & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:- a) The Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025 together with the Reports of Board of Directors’ and Statutory Auditors’ thereon; and b) The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 together with the report of Statutory Auditors’ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.35% · promoters 100.00% · institutions 95.97% · other public 1.12%

  2. To declare a final dividend of Rs. 3 per equity share of the face value of Rs. 2/- each (@150%) for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.35% · promoters 100.00% · institutions 96.00% · other public 1.12%

  3. To appoint a Director in place of Mr. Abhishek Somany (DIN:00021448), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.35% · promoters 100.00% · institutions 96.00% · other public 1.12%

  4. Approval for Material Related Party Transactions of the Company with M/s Sudha Somany Ceramics Private Limited (“SSCPL”)
    OrdinaryPromoters have an interest in it
    97.12% for2.88% against

    Against: promoters 0.00% · institutions 2.86% · other public 5.16%

    Turnout: all 23.34% · promoters 0.00% · institutions 96.00% · other public 1.08%

  5. Re-appointment of Mr. Abhishek Somany (DIN: 00021448) as the Managing Director & Chief Executive Officer of the Company for a period of 3 (Three) consecutive years, commencing from 01 June, 2026 till 31 May, 2029.MoreLess
    SpecialPromoters have an interest in it
    93.06% for6.94% against

    Against: promoters 0.00% · institutions 23.53% · other public 0.03%

    Turnout: all 78.35% · promoters 100.00% · institutions 96.00% · other public 1.12%

  6. Approval for payment of Remuneration to Mr. Shrivatsa Somany, holding office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    96.96% for3.04% against

    Against: promoters 0.00% · institutions 3.01% · other public 5.33%

    Turnout: all 23.35% · promoters 0.00% · institutions 96.00% · other public 1.12%

  7. Approval for payment of Remuneration to Mr. Ameya Somany, holding office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    96.96% for3.04% against

    Against: promoters 0.00% · institutions 3.01% · other public 5.35%

    Turnout: all 23.35% · promoters 0.00% · institutions 96.00% · other public 1.12%

  8. Approval for modification of the object clause of Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 78.34% · promoters 100.00% · institutions 96.00% · other public 1.07%

  9. Appointment of M/s Pinchaa & Co., (Firm Reg. No. P2016RJ051800), Company Secretaries as Secretarial Auditors of the Company for a term of five (05) consecutive years.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 78.35% · promoters 100.00% · institutions 96.00% · other public 1.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 6 Nov 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Zubair Ahmed (DIN: 00182990) as Non-Executive Independent Director of the Company for a term of 05 (five) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 80.09% · promoters 100.00% · institutions 96.00% · other public 3.98%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 12 Aug 2024, 7 resolutions

Present: 12 promoters and 55 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:-na) The Audited Standalone Financial Statements of the Company for the financial year ended 31 March, 2024 together with the Reports of Directors’ and Statutory Auditors’ thereon; andnb) The Audited Consolidated Financial Statements of the Company for the financial year ended 31 March, 2024 together with the report of Statutory Auditors’ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 79.11% · promoters 100.00% · institutions 94.79% · other public 1.36%

  2. To declare a final dividend of Rs. 3 per equity share of the face value of Rs. 2/- each (@150%) for the financial year ended 31 March, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 79.11% · promoters 100.00% · institutions 94.80% · other public 1.36%

  3. To appoint a Director in place of Mr. Ghanshyam Girdharbhai Trivedi (DIN:00021470), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.41% · other public 0.02%

    Turnout: all 79.11% · promoters 100.00% · institutions 94.80% · other public 1.36%

  4. Appointment of Mr. Manit Rastogi (DIN: 00370998) as a Non-Executive Independent Director of the Company for a term of five (05) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 79.11% · promoters 100.00% · institutions 94.80% · other public 1.36%

  5. Approval for Material Related Party Transactions with M/s Sudha Somany Ceramics Private Limited (“SSCPL”).
    OrdinaryPromoters have an interest in it
    96.57% for3.43% against

    Against: promoters 0.00% · institutions 3.47% · other public 0.13%

    Turnout: all 24.09% · promoters 0.00% · institutions 94.80% · other public 1.33%

  6. Approval for payment of Remuneration to Mr. Shrivatsa Somany, holding office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    96.27% for3.73% against

    Against: promoters 0.00% · institutions 3.77% · other public 0.04%

    Turnout: all 24.10% · promoters 0.00% · institutions 94.80% · other public 1.36%

  7. Approval for payment of Remuneration to Mrs. Minal Somany, holding office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    96.27% for3.73% against

    Against: promoters 0.00% · institutions 3.77% · other public 0.13%

    Turnout: all 24.10% · promoters 0.00% · institutions 94.80% · other public 1.36%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 2 Dec 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for buy-back of fully paid-up equity shares of the company
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.18% · other public 0.01%

    Turnout: all 80.38% · promoters 100.00% · institutions 95.78% · other public 7.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Aug 2023, 9 resolutions

Present: 12 promoters and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023 together with the Reports of Directors’ and Statutory Auditors’ thereon; and the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2023 together with report of Statutory Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.61% · other public 0.50%

  2. To declare a dividend on Equity Shares for the financial year ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

  3. To appoint a Director in place of Mr. Abhishek Somany (DIN:00021448), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for re-appointment
    OrdinaryPromoters have an interest in it
    93.43% for6.57% against

    Against: promoters 0.00% · institutions 22.16% · other public 0.19%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

  4. Re-appointment of Mr. Shreekant Somany (DIN: 00021423) as the Chairman & Managing Director of the Company for a period of 5 (Five) consecutive years, commencing from 1st September, 2023 till 31st August, 2028MoreLess
    SpecialPromoters have an interest in it
    88.61% for11.39% against

    Against: promoters 0.00% · institutions 38.42% · other public 0.18%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

  5. Re-appointment of Mr. Vineet Agarwal (DIN: 00380300) as an Independent Director for his second term of five (5) consecutive years
    Special
    79.78% for20.22% against

    Against: promoters 0.00% · institutions 68.21% · other public 0.59%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

  6. Approval for adoption of Somany Ceramics Employee Stock Option Plan 2023 and grant of employee stock options to the Eligible Employees/Directors of the Company thereunder
    Special
    82.92% for17.08% against

    Against: promoters 0.00% · institutions 57.64% · other public 1.69%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

  7. Approval for adoption of Somany Ceramics Employee Stock Option Plan 2023 and grant of stock options to the Eligible Employees/ Directors of group companies including Subsidiary or Associate Companies under the PlanMoreLess
    Special
    82.92% for17.08% against

    Against: promoters 0.00% · institutions 57.64% · other public 1.69%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

  8. Approval for Material Related Party Transactions with M/s Sudha Somany Ceramics Private Limited (“SSCPL”)
    OrdinaryPromoters have an interest in it
    77.76% for22.24% against

    Against: promoters 0.00% · institutions 22.33% · other public 0.25%

    Turnout: all 23.22% · promoters 0.00% · institutions 94.62% · other public 0.47%

  9. Authorize borrowings by way of issuance of Non-Convertible Debentures/Bonds/Other Similar Instruments
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.00%

    Turnout: all 78.01% · promoters 100.00% · institutions 94.62% · other public 0.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Sep 2022, 10 resolutions

Present: 11 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 together with the Reports of Directors’ and Auditors’ thereon; and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 75.63% · promoters 100.00% · institutions 89.52% · other public 0.69%

  2. To declare a dividend on equity shares for the financial year ended 31st March, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  3. To appoint a Director in place of Mr. Ghanshyam Girdharbhai Trivedi (DIN:00021470), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for re-appointment
    Ordinary
    92.71% for7.29% against

    Against: promoters 0.00% · institutions 26.62% · other public 0.17%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  4. To re-appoint M/s Singhi & Co., Chartered Accountants (Firms Registration No.: 302049E) as the Statutory Auditors of the Company
    Ordinary
    86.06% for13.94% against

    Against: promoters 0.00% · institutions 50.91% · other public 0.16%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  5. To re-appoint Mr. Abhishek Somany (DIN: 00021448) as the Managing Director & Chief Executive Officer of the Company for a period of 3 (Three) consecutive years, commencing from 1st June, 2023 till 31st May, 2026MoreLess
    SpecialPromoters have an interest in it
    97.16% for2.84% against

    Against: promoters 0.00% · institutions 10.38% · other public 0.17%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  6. Remuneration by way of Commission to Non-Executive Directors
    Special
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 1.02% · other public 0.96%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  7. Re-appointment of Mr. Rameshwar Singh Thakur (DIN: 00020126) as an Independent Director for his second term of five (5) consequtive years
    Special
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 1.05% · other public 0.17%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  8. Re-appointment of Mrs. Rumjhum Chatterjee (DIN: 00283824) as an Independent Director for her second term of five (5) consequtive years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

  9. Approval of Material Related Party Transactions with M/s Sudha Somany Ceramics Private Limited ( SSCPL )
    OrdinaryPromoters have an interest in it
    92.52% for7.48% against

    Against: promoters 0.00% · institutions 7.53% · other public 0.37%

    Turnout: all 20.86% · promoters 0.00% · institutions 89.63% · other public 0.66%

  10. Authorize borrowings by way of issuance of Non-Convertible Debentures/Bonds/Other Similar Instruments
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 75.65% · promoters 100.00% · institutions 89.63% · other public 0.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 12 Aug 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt: - a)The Audited Standalone Financial Statements of the Company for the Financial Year ended31stMarch, 2026 together with the reports of the Board of Directors and Statutory Auditors thereon; and b)The Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the report of Statutory Auditors thereon.MoreLess
    3 for0 against
  • To declare a final dividend of Rs. 2/- per equity share of the face value of Rs. 2/- each (@100%) for the financial year ended 31st March, 2026.
    3 for0 against
  • To appoint a Director in place of Mr. Ghanshyam Girdharbhai Trivedi (DIN: 00021470), who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    3 for0 against
  • To Approve Material Related Party Transactions of the Company with M/s Sudha Somany Ceramics Private Limited.
    3 for0 against

Mutual fund votes, meeting of 13 Jun 2026, 6 fund houses

  • Approval of the Scheme of Amalgamation of Somany Bathware Limited, Somany Excel Vitrified Private Limited and SR Continental Limited with and into the Somany Ceramics Limited and their respective shareholders and creditorsMoreLess
    6 for0 against
6 earlier meetings

Mutual fund votes, meeting of 18 Sep 2025, 6 fund houses

  • To receive, consider and adopt:- a) The Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025 together with the Reports of Board of Directors’ and Statutory Auditors’ thereon; and b) The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 together with the report of Statutory Auditors’ thereon.MoreLess
    6 for0 against
  • To declare a final dividend of Rs. 3 per equity share of the face value of Rs. 2/- each (@150%) for the financial year ended 31st March, 2025.
    6 for0 against
  • To appoint a Director in place of Mr. Abhishek Somany (DIN:00021448), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    6 for0 against
  • Approval for Material Related Party Transactions of the Company with M/s Sudha Somany Ceramics Private Limited (“SSCPL”)
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: In absence of adequate disclosures, it is unclear how proposed transactions fall within the ordinary course of business, Basis for Arm’s Length pricing not disclosed.
    5 for1 against
  • Re-appointment of Mr. Abhishek Somany (DIN: 00021448) as the Managing Director & Chief Executive Officer of the Company for a period of 3 (Three) consecutive years, commencing from 01 June, 2026 till 31 May, 2029.MoreLess
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Past remuneration has been on the higher side when compared with the performance of the Company and the peer companies. No absolute cap on variable pay.
    • Nippon India Mutual FundGovernance concern: Past remuneration has been on the higher side when compared with the performance of the Company and the peer companies. No absolute cap on variable pay.
    4 for2 against
  • Approval for payment of Remuneration to Mr. Shrivatsa Somany, holding office or place of profit in the Company.
    6 for0 against
  • Approval for payment of Remuneration to Mr. Ameya Somany, holding office or place of profit in the Company.
    6 for0 against
  • Approval for modification of the object clause of Memorandum of Association of the Company.
    6 for0 against
  • Appointment of M/s Pinchaa & Co., (Firm Reg. No. P2016RJ051800), Company Secretaries as Secretarial Auditors of the Company for a term of five (05) consecutive years.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR: Proposed fee payable to Secretarial Auditors not disclosed.
    5 for1 against

Mutual fund votes, meeting of 6 Nov 2024, 6 fund houses

  • Appointment of Mr. Zubair Ahmed (DIN: 00182990) as Non-Executive Independent Director of the Company for a term of 05 (five) consecutive years.
    6 for0 against

Mutual fund votes, meeting of 12 Aug 2024, 7 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt:-na) The Audited Standalone Financial Statements of the Company for the financial year ended 31 March, 2024 together with the Reports of Directors’ and Statutory Auditors’ thereon; andnb) The Audited Consolidated Financial Statements of the Company for the financial year ended 31 March, 2024 together with the report of Statutory Auditors’ thereon.MoreLess
    5 for0 against
  • To declare a final dividend of Rs. 3 per equity share of the face value of Rs. 2/- each (@150%) for the financial year ended 31 March, 2024.
    7 for0 against
  • To appoint a Director in place of Mr. Ghanshyam Girdharbhai Trivedi (DIN:00021470), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    Against LIC Mutual Fund
    • LIC Mutual FundNo concern on the merit of appointee. Non-compliant with law: Continuation of Director beyond 75 years of age proposed through ordinary resolution as against Special Resolution required under SEBI LODR Regulations.
    6 for1 against
  • Appointment of Mr. Manit Rastogi (DIN: 00370998) as a Non-Executive Independent Director of the Company for a term of five (05) consecutive years.
    7 for0 against
  • Approval for Material Related Party Transactions with M/s Sudha Somany Ceramics Private Limited (“SSCPL”).
    Against LIC Mutual Fund
    • LIC Mutual FundProposed related part transactions are compliant with law. Governance & Transparency Concern: In absence of adequate disclosures, it is unclear how proposed transactions fall within the ordinary course of business, Basis for Arm s Length pricing not disclosed
    6 for1 against
  • Approval for payment of Remuneration to Mr. Shrivatsa Somany, holding office or place of profit in the Company.
    Against LIC Mutual Fund
    • LIC Mutual FundCompliant with law. Governance Concern: Inadequate disclosure regarding Profile of the appointees.
    6 for1 against
  • Approval for payment of Remuneration to Mrs. Minal Somany, holding office or place of profit in the Company.
    Against LIC Mutual Fund
    • LIC Mutual FundCompliant with law. Governance Concern: Inadequate disclosure regarding Profile of the appointees.
    6 for1 against
2 proposals not matched to one resolution
  • Accept Consolidated Financial Statements and Statutory Reports
    2 for0 against
  • Accept Standalone Financial Statements and Statutory Reports
    2 for0 against

Mutual fund votes, meeting of 2 Dec 2023, 7 fund houses

  • Approval for buy-back of fully paid-up equity shares of the company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Exact number of Share to be tendered by promoters is not disclosed.
    6 for1 against

Mutual fund votes, meeting of 25 Aug 2023, 8 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023 together with the Reports of Directors’ and Statutory Auditors’ thereon; and the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2023 together with report of Statutory Auditors thereonMoreLess
    8 for0 against
  • To declare a dividend on Equity Shares for the financial year ended 31st March, 2023
    8 for0 against
  • To appoint a Director in place of Mr. Abhishek Somany (DIN:00021448), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for re-appointment
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote AGAINST the nominee is warranted because: The board independence norms are not met (as per ISS reclassification) and Abhishek Somany is a non-independent director nominee.
    7 for1 against
  • Re-appointment of Mr. Shreekant Somany (DIN: 00021423) as the Chairman & Managing Director of the Company for a period of 5 (Five) consecutive years, commencing from 1st September, 2023 till 31st August, 2028MoreLess
    Against Bandhan Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Dual Position as Chairman and Managing Director. No absolute cap on remuneration.
    • HSBC Mutual FundA vote AGAINST this resolution is warranted in view of the following concerns in the executive's remuneration:- The board has significant discretion over the potential quantum of commission to be paid the executive.- There are no disclosures on the threshold and target performance that he needs to achieve to determine the commission element. This is not in line with shareholders' interest.- There is lack of sufficient justification for the proposal to exceed the regulatory thresholds for remuneration.
    • Nippon India Mutual FundNo absolute cap on remuneration
    4 for4 against
  • Re-appointment of Mr. Vineet Agarwal (DIN: 00380300) as an Independent Director for his second term of five (5) consecutive years
    Against Bandhan Mutual Fund, HSBC Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No issues on merit and profile. Governance Concern: Inadequate attendance at Audit Committee Meetings without justification.
    • HSBC Mutual FundWe have concerns about the director's attendance at board meetings.
    • Kotak Mahindra Mutual FundVineet Agarwal, 49 is currently Managing Director at Transport Corporation of India Ltd. He has over two decades of experience in management. He has been associated with the company for the last four years in the capacity of an Independent Director, however he only attended one AGM in the last 3 financial years. He has attended very few board meetings in the last financial year. No adequate justification is provided for his absence. Further, given the options to participate in board meetings via tele or video conference, we expect elected directors to attend board meetings. Hence voting against.
    • Nippon India Mutual FundLow Attendance
    3 for5 against
  • Approval for adoption of Somany Ceramics Employee Stock Option Plan 2023 and grant of employee stock options to the Eligible Employees/Directors of the Company thereunder
    Against Bandhan Mutual Fund, Franklin Templeton Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundNon-disclosure of Exercise Price: Non-compliant with SEBI (SBEB & SE) Regulations, 2021.
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because: • The Scheme permits stock units to be issued with an exercise price at a discount to the market price, as on grant date. • The proposals include grant of units to employees of associate companies without a compelling rationale. • The exact performance conditions and targets for vesting have not been disclosed.
    • HSBC Mutual FundA vote AGAINST these resolutions is warranted because:- The Scheme permits stock units to be issued with an exercise price at a discount to the market price, as on grant date.- The proposals include grant of units to employees of associate companies without a compelling rationale.- The exact performance conditions and targets for vesting have not been disclosed.
    • Nippon India Mutual FundInadequate disclosure
    3 for5 against
  • Approval for adoption of Somany Ceramics Employee Stock Option Plan 2023 and grant of stock options to the Eligible Employees/ Directors of group companies including Subsidiary or Associate Companies under the PlanMoreLess
    Against Bandhan Mutual Fund, Franklin Templeton Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundNon-disclosure of Exercise Price: Non-compliant with SEBI (SBEB & SE) Regulations, 2021.
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because: • The Scheme permits stock units to be issued with an exercise price at a discount to the market price, as on grant date. • The proposals include grant of units to employees of associate companies without a compelling rationale. • The exact performance conditions and targets for vesting have not been disclosed.
    • HSBC Mutual FundA vote AGAINST these resolutions is warranted because:- The Scheme permits stock units to be issued with an exercise price at a discount to the market price, as on grant date.- The proposals include grant of units to employees of associate companies without a compelling rationale.- The exact performance conditions and targets for vesting have not been disclosed.
    • Nippon India Mutual FundInadequate disclosure
    3 for5 against
  • Approval for Material Related Party Transactions with M/s Sudha Somany Ceramics Private Limited (“SSCPL”)
    Against HSBC Mutual Fund
    • HSBC Mutual FundThere are concerns about a transaction.
    7 for1 against
  • Authorize borrowings by way of issuance of Non-Convertible Debentures/Bonds/Other Similar Instruments
    8 for0 against

Mutual fund votes, meeting of 23 Sep 2022, 5 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 together with the Reports of Directors’ and Auditors’ thereon; and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with report of Auditors thereon.MoreLess
    5 for0 against
  • To declare a dividend on equity shares for the financial year ended 31st March, 2022
    5 for0 against
  • To appoint a Director in place of Mr. Ghanshyam Girdharbhai Trivedi (DIN:00021470), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for re-appointment
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote against this resolution is warranted as this is against appointing non-independent candidates if board is less than 50% independent and where board chair is an executive or the promoter.
    4 for1 against
  • To re-appoint M/s Singhi & Co., Chartered Accountants (Firms Registration No.: 302049E) as the Statutory Auditors of the Company
    Against Kotak Mahindra Mutual Fund
    • Kotak Mahindra Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee not disclosed
    4 for1 against
  • To re-appoint Mr. Abhishek Somany (DIN: 00021448) as the Managing Director & Chief Executive Officer of the Company for a period of 3 (Three) consecutive years, commencing from 1st June, 2023 till 31st May, 2026MoreLess
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote against this resolution is warranted as this is a case of negative impact on shareholder value. The board has significant discretion over the potential quantum of commission to be paid the executive. As such, the pay structure remains open ended, particularly considering that the commission element contributes a large portion of the overall pay. -His overall pay is competitively positioned when compared to industry peers. -The board independence norms are not met (as per ISS reclassification) and Abhishek Somany is a non-independent director nominee.
    4 for1 against
  • Remuneration by way of Commission to Non-Executive Directors
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote AGAINST this resolution is desired as this is a case of Non-Executive Directors participating in incentive schemes, which should be dissuaded.
    4 for1 against
  • Re-appointment of Mr. Rameshwar Singh Thakur (DIN: 00020126) as an Independent Director for his second term of five (5) consequtive years
    5 for0 against
  • Re-appointment of Mrs. Rumjhum Chatterjee (DIN: 00283824) as an Independent Director for her second term of five (5) consequtive years
    5 for0 against
  • Approval of Material Related Party Transactions with M/s Sudha Somany Ceramics Private Limited ( SSCPL )
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote against this resolution is desired if the level of disclosure does not allow to make an informed decision. Provision of financial assistance by the company could be beneficial to the firm but could also expose the firm and its shareholders to unnecessary risks. Provision of a guarantee would enable the entity receiving the guarantee to obtain more favorable terms from lenders, reducing the cost of borrowing. Therefore, if a guarantee is provided to a subsidiary, it could ultimately reduce the borrowing cost for the overall group. Similarly, providing loans and making investments in group entities will help them expand and carry out their business operations. That said, the provision of financial assistance increases the risks for the company on account of the higher liabilities at the group level, which may not be under its director control or supervision. Therefore, where the company's board cannot exercise proper oversight and control over the entities being guaranteed or where the company is taking a disproportionate financial risk relative to its ownership stake, the risks may outweigh the potential benefits.
    4 for1 against
  • Authorize borrowings by way of issuance of Non-Convertible Debentures/Bonds/Other Similar Instruments
    5 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines, tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake heldSudha Somany Ceramics Private LimitedSince 10 Jun 2026

    0.00% bought in the quarter; holding 60.00%, from 60.00%

  • Fine or penaltyAdditional Commissioner Grade-II Appeal, Gautam Budha Nagar, Uttar PradeshSince 9 Apr 2026

    Demand raised after issue of order by the Appellate Authority, Tribunal (FORM GST APL - 04)

    Section-73 of CGST Act, 2017 and UPGST Act, 2017
  • Tax disputeCommissioner of Central Excise and Service Tax(Audit) PanchkulaSince 26 Oct 2020
    Appeal filed with CESTAT Panchkula, PH Awaited
    At the filing before: Issue relates to taxability on various services rendered and received by the Company as well as admissibility of Cenvat Credit on Inputs/Input Services and the Cenvat Credit availed in ST-3 Return during GST Transitional Period due to ER-1 was not able to be amended (Amount Rs. 6.22 Crores)MoreLess
  • Tax disputeAdditional Commissioner CGST, Rohtak, HaryanaSince 29 Aug 2024
    Pending with Comm(A), Panchkula
    At the filing before: OIO Passed under Section 50, 50(1), 73(1), of the CGST/HGST Act, and section 20 of IGST Act issue pertains to alleged difference in Tax liability paid in GSTR-3B Vs Eway bills, ITC availed in GSTR3B vs ITC available as per E way Bills, Ineligible ITC availed for cancelled dealers and non-filers of 3B (Amount Rs. 17.74 Crores).MoreLess
  • Tax disputeState of Haryana and OthersSince 3 Jul 2017
    The pleadings have completed in this matter and next hearing is in August, 2026.
    At the filing before: The writ petition has been filed challenging the Constitutional Validity of Haryana Tax on entry of goods in the Local Area Act, 2008, in the light of Law laid down by the nine judge bench in the Supreme Court (Amount Rs. 8.11 Crores)MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.