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Somany Ceramics issues commercial paper worth Rs 25 crore

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Capital Market
Last Updated : Jul 05 2016 | 8:28 PM IST

On 05 July 2016

Somany Ceramics has issued Commercial paper of Rs. 25.00 Crore value dated 05 July 2016 having maturity on 28 September 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: Jul 05 2016 | 8:14 PM IST

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