Somany Ceramics has issued commercial paper worth Rs 15 crore dated January 10, 2017 having maturity on March 24, 2017. The said issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.
Somany Ceramics is a pioneering manufacturer, supplier and exporter of Floor Tiles, Wall Tiles, Sanitary Ware including urinals, basins, etc. Somany strives to bring its customers floor, wall, vitrified, ceramic, porcelain and innovative tiles that are the very latest in the world.