Cera Sanitaryware has received approval to incur Capital Expenditure (CAPEX) of Rs 75 crore for the financial year 2019-20 towards modernization of sanitaryware and faucetware plants along with. Building Plant and Machinery and Company display outlays including other Capital expenditure. The Board of Directors of the Company at its meeting held on May 14, 2019 has approved the same.
The company’s board has further decided to discontinue the business operations of Cera Sanitaryware FZC - Sharjah, UAE.
Cera Sanitaryware is engaged in the business of manufacturing, marketing and distribution of sanitaryware, faucetware and trading in tiles and other bathroom products.
