Somany Ceramics corrects notice for amalgamation scheme meeting
June 02, 2026
Somany Ceramics Limited issued a corrigendum to its notice for the court-convened meetings on June 13, 2026, correcting a typographical error in the NCLT order to reflect 'Scheme of Amalgamation' instead of 'Scheme of Arrangement'. The meetings seek approval to merge three subsidiaries—Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited—with the company. The corrigendum was published in newspapers on June 2, 2026.
Somany Ceramics Limited has issued a corrigendum to the notice of its unsecured creditors meeting scheduled for June 13, 2026, to approve a scheme of amalgamation involving three subsidiaries. The correction addresses a typographical error in the National Company Law Tribunal (NCLT) Kolkata Bench order, where the term 'Scheme of Arrangement' was replaced with 'Scheme of Amalgamation'. The meeting seeks shareholder approval for the merger of Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited with Somany Ceramics Limited.
The NCLT issued the corrigendum order on April 24, 2026, which was received by the company on May 20, 2026. This order corrected the pronouncement dated April 9, 2026, in Company Application (CAA) No. 35/KB/2026. The transferor companies are wholly owned subsidiaries of Somany Ceramics Limited, and the appointed date for the amalgamation is April 1, 2025. The scheme proposes that the transferor companies will stand dissolved without winding up upon its effective date.
The NCLT has dispensed with meetings for the equity shareholders and secured and unsecured creditors of the three transferor companies. However, meetings have been convened for the equity shareholders and unsecured creditors of Somany Ceramics Limited. The equity shareholders meeting will be held on June 13, 2026, at 11:30 AM, followed by the unsecured creditors meeting at 12:30 PM. Both meetings will be conducted via video conferencing.
Adv. Namrata Basu has been appointed as the Chairperson for the meetings, with a remuneration of ₹1,00,000. Siddhartha Mukhopadhyay has been appointed as the Scrutinizer, receiving ₹80,000 for the role. The cut-off date for determining eligibility to vote for equity shareholders is June 6, 2026, while for unsecured creditors, it is December 31, 2025. Voting will be conducted through e-voting.
The company had previously circulated the notice of the equity shareholders meeting by May 11, 2026. The corrigendum informs shareholders that references to 'Scheme of Arrangement' in the original notice and accompanying documents must be read as 'Scheme of Amalgamation'. The notice was published in Business Standard and Aajkaal on June 2, 2026, and is available on the websites of BSE, NSE, and the company.
Key Meeting Details
Meeting Date Time Mode Equity Shareholders June 13, 2026 11:30 AM Video Conferencing Unsecured Creditors June 13, 2026 12:30 PM Video Conferencing
Parties to the Scheme
Company Role Status Somany Ceramics Limited Transferee Company Listed on NSE and BSE Somany Bathware Limited Transferor Company 1 Wholly Owned Subsidiary Somany Excel Vitrified Private Limited Transferor Company 2 Wholly Owned Subsidiary SR Continental Limited Transferor Company 3 Wholly Owned Subsidiary
Somany Ceramics Limited has received a corrigendum order from the National Company Law Tribunal (NCLT), Kolkata Bench, regarding the scheme of amalgamation of three transferor companies with the company. The intimation was made to the stock exchanges on May 21, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations.
The corrigendum order, dated April 24, 2026, was received by the company on May 20, 2026. It addresses typographical errors found in the order originally pronounced by the Hon'ble NCLT on April 9, 2026. The correction specifically involves replacing the term "Scheme of Arrangement" with "Scheme of Amalgamation" in the cause title and specific paragraphs of the earlier order.
The scheme involves the amalgamation of Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited into Somany Ceramics Limited. The transferor companies are wholly owned subsidiaries of the transferee company. The appointed date for the amalgamation is April 1, 2025.
Key Details of the Scheme
The NCLT had previously approved the scheme, directing the convening of meetings for the equity shareholders and unsecured creditors of Somany Ceramics Limited. Meetings for the equity shareholders and creditors of the transferor companies were dispensed with as they are wholly owned subsidiaries.
Meeting Date Time Equity Shareholders of Somany Ceramics Limited June 13, 2026 11:30 AM Unsecured Creditors of Somany Ceramics Limited June 13, 2026 12:30 PM
The meetings will be held via video conferencing. The cut-off date for determining eligibility to vote for equity shareholders is June 6, 2026, while for unsecured creditors, it is December 31, 2025. The corrigendum order has been uploaded on the NCLT website and is also available on the company's official website.
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The NCLT issued the corrigendum order on April 24, 2026, which was received by the company on May 20, 2026. This order corrected the pronouncement dated April 9, 2026, in Company Application (CAA) No. 35/KB/2026. The transferor companies are wholly owned subsidiaries of Somany Ceramics Limited, and the appointed date for the amalgamation is April 1, 2025. The scheme proposes that the transferor companies will stand dissolved without winding up upon its effective date.
The NCLT has dispensed with meetings for the equity shareholders and secured and unsecured creditors of the three transferor companies. However, meetings have been convened for the equity shareholders and unsecured creditors of Somany Ceramics Limited. The equity shareholders meeting will be held on June 13, 2026, at 11:30 AM, followed by the unsecured creditors meeting at 12:30 PM. Both meetings will be conducted via video conferencing.
Adv. Namrata Basu has been appointed as the Chairperson for the meetings, with a remuneration of ₹1,00,000. Siddhartha Mukhopadhyay has been appointed as the Scrutinizer, receiving ₹80,000 for the role. The cut-off date for determining eligibility to vote for equity shareholders is June 6, 2026, while for unsecured creditors, it is December 31, 2025. Voting will be conducted through e-voting.
The company had previously circulated the notice of the equity shareholders meeting by May 11, 2026. The corrigendum informs shareholders that references to 'Scheme of Arrangement' in the original notice and accompanying documents must be read as 'Scheme of Amalgamation'. The notice was published in Business Standard and Aajkaal on June 2, 2026, and is available on the websites of BSE, NSE, and the company.
Key Meeting Details
Meeting Date Time Mode Equity Shareholders June 13, 2026 11:30 AM Video Conferencing Unsecured Creditors June 13, 2026 12:30 PM Video Conferencing
Parties to the Scheme
Company Role Status Somany Ceramics Limited Transferee Company Listed on NSE and BSE Somany Bathware Limited Transferor Company 1 Wholly Owned Subsidiary Somany Excel Vitrified Private Limited Transferor Company 2 Wholly Owned Subsidiary SR Continental Limited Transferor Company 3 Wholly Owned Subsidiary
Somany Ceramics Limited has received a corrigendum order from the National Company Law Tribunal (NCLT), Kolkata Bench, regarding the scheme of amalgamation of three transferor companies with the company. The intimation was made to the stock exchanges on May 21, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations.
The corrigendum order, dated April 24, 2026, was received by the company on May 20, 2026. It addresses typographical errors found in the order originally pronounced by the Hon'ble NCLT on April 9, 2026. The correction specifically involves replacing the term "Scheme of Arrangement" with "Scheme of Amalgamation" in the cause title and specific paragraphs of the earlier order.
The scheme involves the amalgamation of Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited into Somany Ceramics Limited. The transferor companies are wholly owned subsidiaries of the transferee company. The appointed date for the amalgamation is April 1, 2025.
Key Details of the Scheme
The NCLT had previously approved the scheme, directing the convening of meetings for the equity shareholders and unsecured creditors of Somany Ceramics Limited. Meetings for the equity shareholders and creditors of the transferor companies were dispensed with as they are wholly owned subsidiaries.
Meeting Date Time Equity Shareholders of Somany Ceramics Limited June 13, 2026 11:30 AM Unsecured Creditors of Somany Ceramics Limited June 13, 2026 12:30 PM
The meetings will be held via video conferencing. The cut-off date for determining eligibility to vote for equity shareholders is June 6, 2026, while for unsecured creditors, it is December 31, 2025. The corrigendum order has been uploaded on the NCLT website and is also available on the company's official website.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.
We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.
Disclaimer:
The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.
This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.
The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.
We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.
This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.
By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.
We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.