Somany Ceramics Ltd

Pursuant to Regulation 30 of Listing Regulations we hereby inform that the Board of Directors of Somany Ceramics Limited (Company) in its meeting held on 15th January 2025 has decided to sell the Companys equity stake in Acer Granito Private Limited (AGPL) an associate company of the Company. The Company is holding 26.05% of the total paid-up capital of AGPL and it has decided to sell its entire stake/investment in the equity shares of AGPL (Proposed Transaction).Consequently AGPL will cease to be the Companys associate company after the disinvestment.