Somany Ceramics informs about issuance of commercial paper

30 Sep 2016

Somany Ceramics has informed that the Company has issued Commercial paper of Rs 25.00 Crore value dated September 29, 2016 having maturity on December 09, 2016. The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

The above information is a part of company’s filings submitted to BSE.

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