YEAR EVENTS 1968 - The company was incorporated on 20th January at Calcutta. It manufactures and deals in glazed tiles and carries on leasing business. - The company entered into a collaboration agreement with Pilkington's Tiles Limited, U.K. - Special Refractories Ltd., is a subsidiary of the company. - Issued 93,200 No. of equity shares to directors, etc., 20,000 No. of equity shares to ICICI, 78,000 No. of equity share to Pilkington's Tiles Ltd., U.K. (30,000 shares for cash and 48,000 shares against plant and equipment). 1,08,800 No. of equity and 10,000 Pref. shares offered to public in January 1970. 1974 - 100 forfeited shares reissued. 1976 - 2,99,950 Bonus Equity shares issued in prop. 1:1. 1983 - The company undertook to set up a new unit at Kadi in Gujarat with a licensed capacity of 6,000 tonnes per annum. Production was started in June. - Kadi unit had teething troubles and did not reach its installed capacity. 1984 - Pref. shares redeemed on 28.2.1985. 2,99,950 bonus equity shares issued in prop. 1:2. 1985 - Production increased further to 5,665 tonnes despite power supply constraints. The company continued to face problems at Kassar due to changeover of a large part of firing system from furnace oil to residual fuel oil. - A modernisation programme was undertaken at Kassar which would enable the company to introduce newer designs. 1986 - Production declined to 19,742 tonnes due to strike at the Kassar factory from 22nd June 23rd September, 1987 and poor power availability. The company proposed to install a 22 MW diesel generating set and steps were taken to install storage tanks for liquified petroleum gas, for which Government approval had been received. - Modernisation in the body preparation section was in progress. This programme was expected to improve the efficiency of the tablet pressing section. It was also proposed to install more modern imported automatic hydraulic presses by way of replacement of the existing mechanical presses. On completion of the proposed programme of modernisation and expansion, the production capacity at Kassar would stand increased to 31,000 tonnes per annum. - Modernisation at Kadi unit envisaged replacement of existing mechanical presses with automatic hydraulic presses, upgradation of glazing lines with the introduction of tile decorating machines and moderation of tile sorting and packing section. 1987 - 50 forfeited shares reissued. 1988 - Commissioning of hydraulic presses at Kassar was completed and trial production was started. Active steps were being taken for further modernisation under the TDF Scheme at Kadi was approved by Government. 1989 - The company took up a floor tile project with a capacity of 12,000 tonnes per annum. Despite completion of erection of the machinery, commissioning was considerably delayed on account of Government's inability to provide and natural gas by November 1991. - 8,99,900 Bonus shares issued in prop. 1:1. 1990 - Despite a strike by workmen at Kadi unit from 22nd June to 22nd August, total production rose to 30,961 tonnes. There was a satisfactory growth in sales and profits also. - Imported machines under TDF Scheme were installed at Kadi. 1991 - Two more automatic hydraulic presses were installed at Kassar. 1992 - One more automatic hydraulic press was being installed at Kadi. Simultaneously, more screen printing machines were being installed. - The Company entered into a collaboration agreement with M/s Pilkington's Tiles Ltd. for upgradation in the existing technology. 1993 - During October/November the company made a right and public issue of 3,32,950 and 1,67,050 - 15% secured redeemable partly convertible debentures of Rs. 300 each respectively. Right issue was made in the ratio of one debenture for every four equity shares held by the existing shareholders (all were taken up). Out of public issue, 5,000 debentures were offered to the employees, 16,700 debentures were offered to the shareholders of Schablona India Ltd. and remaining 1,45,350 debentures were offered to the public (all were taken up). - Part-A of Rs. 100 was to be converted into one equity share of Rs. 10 each at a premium of Rs. 90 per shares on allotment. Remaining Part-B of Rs. 200 was repayable in 3 equal instalments from 6th, 7th and 8th year from the date of allotment. 1994 - The capacity of floor tiles was expanded from 15,000 tonnes to 30,000 tonnes. - The Company entered into a collaboration agreement with M/s. Pilkingtons Tiles Limited for upgradation in the existing technology. 1995 - 5,000 sq. mtr./day wall tile unit by double fast firing was commissioned and is fully operational. - 45,99,600 bonus equity shares issued in prop. 2:1. 1996 - The Company introduced India's largest ceramic tile (45cm X 45cm), production of such large size ceramic tile requires very high technology and skills. 1997 - SPL has tied-up with Schblona India to manufacture ceramic decals and fire the same on glazed tiles. SPL would be one of the first Indian companies to use this technology. - SPL introduced 45x45 cm tiles - a world class product - for the first time in the domestic market. - A new unit has also been commissioned at Kassar with a fire printing technology that can print any kind of prints on tiles. 1998 - SPL Limited holds 185,000 fully paid Equity Shares of Rs. 10 each in the Company as on 31st March. 1999 - The company has entered into a technical collaboration with Leonardo Ceramica, Italy which is a part of the "Cooperative Ceramica di Imola" group: the fourth largest producer of ceramic tiles in Italy and a leading manufacturer in the vitrified porcelain tiles segment. - The Company has entered into an Agreement with National Securities Depository Limited (NSDL) in order to provide the requisite facilities for dematerialisation of its shares. 2000 - SPL Ltd., the makers of Somany tiles, has entered the vitrified tiles segment by launching `Greviti'. 2001 - SPL Ltd., makers of Somany tiles, has launched a new concept in floor and wall tiles, called the VersaTile brand. 2004 -Delists shares from Delhi Stock Exchange Association Ltd 2006 -SPL Ltd has entered into Joint Venture (JV) Agreement with Keraben S A with the aim of manufacturing, promoting, distributing and selling the products within India and other countries. 2007 - Company name has been changed from SPL Ltd to Somany Ceramics Ltd. 2009 - Somany Ceramics Ltd has appointed Mr. Y. K. Alagh as Additional Director on the Board of the Company. 2010 -Somany Ceramics Sub-division/split up the existing each fully paid Equity Shares of nominal face value of Rs.10/- each into 5 fully paid up Equity Shares of the nominal face value of Rs. 2/- each -Shri Sandeep Kumar has been appointed as the Nominee Director on the Board of the Company 2011 -Somany Ceramics Proposed acquisition of 26% equity stake in M/s Vintage Tiles Private Limited -Somany Ceramics inaugurates First Somany Studio showroom in Dindigul -Somany Ceramics inaugurates First Somany Studio showroom in Indore -Somany Ceramics inaugurates First Somany Global Exclusive showroom in Ahmedabad -Somany Ceramics inaugurates First Somany Exclusive showroom in Anantnag 2012 -Somany Ceramics inaugurates Somany Exclusive showroom in Kochi -Somany Ceramics enters into partnership with Fiandre Group -Somany launches `The King of all Slabs' -Somany Ceramics inaugurates Somany Studio showroom in Bangalore -Somany Ceramics inaugurates First SOMANY STUDIO showroom in Gandhidham 2013 - Board recommended a Dividend @ 60% i.e. Rs. 1.20/- per Equity Share of Rs. 2/- each. 2014 - Somany Ceramics Ltd has appointed Mr. Narayan Anand as an Independent Additional Director of the company. - Board recommended a Dividend of 75% (Rs. 1.50 per equity shares of Rs. 2/- each) . - Somany Ceramics won spotlight awards for the year 2014 2016 -Somany Ceramics completes expansion at Kassar plant. 2017 -Reserve Bank of India said that it has removed the ban of NRIs buying in Somany Ceramics after monitoring of foreign investment under the portfolio investment scheme. -Somany Ceramics, a tile manufacturing company, has launched a new Product Series in tiles 'Glosstra Plus' - glossiest wall tiles on December 07, 2017. -The Company has said that the modernization and upgradation of certain production lines at Kassar (Haryana) Plant of the Company to increase the capacity of value added ceramic tiles is successfully completed and commercial production has commenced from November 15, 2017. Post this the total capacity of tile manufacturing at Kassar (Haryana) plant has increased from 17.13 to 19.63 million square meters per annum. 2019 The Company has said that, it has launched Water Heater under its Bathware accessories on 18th October, 2019.The details of the Product are as follows: a. Name of the Product - Somany Bathware Water Heaterb. Date of Launch - 18th October, 2019c. Category of the Product - Bathware Accessoriesd. Whether caters to domestic / - Both domestic and internationalinternational market -The company has said that , at its meeting of the Board of Directors of the Company held on 17th June, 2019 has in-principally approved the amalgamation of Schablona India Limited and Somany Ceramics Limited. In this regard the Board has authorized to appoint a registered valuer and obtain their report on valuation of shares & share exchange ratio and also get prepared the draft scheme of amalgamation of Schablona India Limited with Somany Ceramics Limited and the same shall be place in the next Board meeting for consideration -Somany Ceramics Opens Showroom in Noida 2021 -Somany Ceramics Limited has informed that 'Scheme of Amalgamation of Schablona India Limited with Somany Ceramics Limited.'. 2022 -Somany Ceramics Limited has informed the Exchange regarding 'Update - Scheme of Amalgamation of Schablona India Limited with Somany Ceramics Limited.