Franklin Templeton Sells Shares of Somany Ceramics Ltd in Open Market Transaction
Franklin Templeton Mutual Fund (FTMF) has sold a portion of its stake in Somany Ceramics Ltd through an open market transaction. The sale was completed on June 30, 2026.Prior to the disposal, FTMF held 1,271,036 shares or 3.099% of the total voting capital of Somany Ceramics Ltd. This holding was derived from multiple schemes managed by the fund.
The sale involved a total of 1,30,500 shares, representing 0.318% of the company's total diluted share capital at the time of disposal. The transaction took place in the open market.
Following the disposition, FTMF's holding has decreased to 1,140,536 shares, which accounts for 2.781% of the total voting capital of Somany Ceramics Ltd.
The details of the sale and shareholding changes are summarized below:
| Metric | Before Disposal Holding | Sale Details | After Disposal Holding |
|---|---|---|---|
| Total Shares Held | 1,271,036 | 1,30,500 shares sold | 1,140,536 |
| Percentage of Total Voting Capital | 3.099% | 0.318% of the total diluted share capital | 2.781% |
The sale involved various FTMF schemes. The transaction details for the primary component of the sale are as follows:
| Scheme Name | Pre-sell Holdings (Shares) | Pre-sell Holding (% of Total) | Shares Sold | Post-sell Holdings (Shares) | Post-sell Holding (% of Total) |
|---|---|---|---|---|---|
| Franklin India Focused Equity Fund | 9,53,079 | 2.324% | 1,30,500 | 8,22,579 | 2.006% |
| Franklin Build India Fund | 3,17,957 | 0.775% | 0 | 3,17,957 | 0.775% |
| Total | 12,71,036 | 3.099% | 1,30,500 | 11,40,536 | 2.781% |
The total equity share capital of Somany Ceramics Ltd before the sale was 41,012,806 shares, remaining unchanged after the transaction.
SOMANYCERA Stock Price Movement
Shares of Somany Ceramics Limited are edging higher to ₹538.00 as of 10:49 AM today, gaining 0.44% in live trading. The equity is currently trading within the day’s range of ₹531.4 to ₹542.75 amid robust trading activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.