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Somany Ceramics issues commercial paper aggregating Rs 15 cr

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Capital Market
Last Updated : Oct 28 2016 | 4:48 PM IST

On 28 October 2016

Somany Ceramics has issued Commercial paper of Rs. 15 crore value dated 28 October 2016 having maturity on 27 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: Oct 28 2016 | 4:33 PM IST

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