In order to fulfill its working capital requirements, Cera Sanitaryware has raised Rs 30 crore through issuance of commercial papers (CP). The CP, which matures on March 30, 2017, was issued on December 30, 2016, but the company did not disclosed the coupon rate.
Cera Sanitaryware is engaged in the business of manufacturing, marketing and distribution of sanitaryware, faucetware and trading in tiles and other bathroom products. The Company offers sanitary ware products, including kids range products, wash basins, urinals, cisterns, seat covers, sensors and bath accessories, as well as special needs products, such as cranes, rails and grab bars.
