Somany Ceramics has redeemed Commercial Paper worth Rs 50 crore issued on September 26, 2017 with maturity date of 18th December, 2017. The issuance of commercial paper was 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.
