Cera Sanitaryware Limited announced the outcome of its Board Meeting held on November 4, 2026. The Board considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the re-appointment of Mr. Vikram Somany as Chairman and Managing Director and Mr. Anandh Sundar as Independent Director for second terms were approved, subject to shareholder approval.
Board Meeting Outcomes
Cera Sanitaryware Limited held a Board Meeting on November 4, 2026, where key financial and corporate decisions were made. The Board reviewed and approved the unaudited financial results for the quarter and half-year ended September 30, 2026. These results were previously reviewed by the Audit Committee on the same date.
Director Re-appointments Approved
In significant personnel decisions, the Board approved the re-appointment of:
- Mr. Vikram Somany as Chairman and Managing Director for a period of 5 years, effective July 1, 2027. This appointment is subject to the approval of the company’s members.
- Mr. Anandh Sundar as an Independent Director for his second term of five years, effective February 12, 2027. This re-appointment is also contingent on shareholder approval.
The company also approved the Postal Ballot Notice for seeking shareholder approval for these director re-appointments through remote e-voting. Details regarding the cut-off date and e-voting period will be communicated separately.
Financial Highlights
The unaudited financial results for the quarter and half-year ended September 30, 2026 show:
- Total Income for the half-year ended September 30, 2026, stood at ₹112,112.16 lakhs.
- Profit After Tax for the half-year ended September 30, 2026, was ₹10,144.66 lakhs.
- Earnings Per Share (EPS) for the half-year ended September 30, 2026, were ₹78.66 (Basic and Diluted).
The Statement of Assets and Liabilities as at September 30, 2026, shows Total Assets of ₹200,432.73 lakhs and Total Equity of ₹146,984.90 lakhs.
Exceptional Items
An exceptional item of ₹780.68 lakhs was recognized during the financial year ended March 31, 2026, relating to incremental liabilities towards past service cost for gratuity and leave benefits due to the implementation of new Labour Codes.
Source: BSE