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Somany Ceramics enters into JV agreement to set up tile manufacturing facility in Nepal

23 Aug 2023 Evaluate

Somany Ceramics has entered into a Joint Venture agreement on August 22, 2023 with Other Shareholders and Cerapro Nepal (CNPL). The JV Agreement records the understanding of the parties in relation to operation of CNPL as a joint venture between the Company and Other Shareholders and terms of governance and management of CNPL. The joint venture will be for the purpose of establishing a tile manufacturing facility in Nepal for the making of wall and floor tiles and allied products in Nepal, and sale thereof. 

Somany Ceramics is in the business of manufacturing and trading of tiles, Sanitaryware and Bath Fittings.

Somany Ceramics Share Price

459.85 -0.45 (-0.10%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1192.55
Somany Ceramics 459.85
Cera Sanitaryware 5473.45
Asian Granito India 76.34
Pokarna 914.90
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