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Somany Ceramics issue commercial paper aggregating Rs 25 cr

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Capital Market
Last Updated : Oct 01 2016 | 12:01 AM IST

On 29 September 2016

Somany Ceramics has issued Commercial paper of Rs. 25.00 Crore value dated 29 September 2016 having maturity on 09 December 2016.

The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

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First Published: Sep 30 2016 | 9:19 AM IST

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