Somany Ceramics has decided to make investment in the share capital of Sudha Somany Ceramics (SSCPL), a Subsidiary of the Company and/or to grant inter-corporate loan to SSCPL, in one or more than one tranche with a maximum cap of Rs 42 crore in aggregate for said transaction.
The proposed investment is towards the capacity expansion of 3.6 million square meters per annum of Glaze Vitrified Tiles (GVT) by Sudha Somany Ceramics.
Somany Ceramics is in the business of manufacturing and trading of tiles, Sanitaryware and Bath Fittings.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1178.20 |
| Somany Ceramics | 441.15 |
| Cera Sanitaryware | 5332.20 |
| Asian Granito India | 75.34 |
| Pokarna | 928.60 |
| View more.. | |
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