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The board of directors of Cera Sanitaryware has approved the re-classification of shares held by Madhusudan Holdings and Late Ganga Somany from existing promoters/ promoter group shareholding to ‘public shareholding’. Just 28,000 shares or 0.22 per cent were held by Ganga Somany at the end of March 2018 and 7,500 shares (0.06 per cent) by Madhusudan Holdings. Shares of Cera Sanitaryware slipped 0.3 per cent at ₹3,208.95 on the BSE.
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