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Board of Cera Sanitaryware proposes to form JV with Anjani Tiles

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Capital Market
Last Updated : Oct 23 2015 | 8:47 PM IST

At meeting held on 23 October 2015

Cera Sanitaryware announced that the Board of Directors of the Company at its meeting held on 23 October 2015, has proposed to enter into a joint venture by signing MoU with Anjani Tiles with controlling interest of 51% for setting up manufacturing of high quality Ceramic Vetrified Tiles plant in Nellore District in the state of Andhra Pradesh. The cost of the project is estimated to be around Rs 68 crore.

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First Published: Oct 23 2015 | 8:13 PM IST

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