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Outcome of board meeting of Somany Ceramics

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Capital Market

Held on 28 July 2016

Somany Ceramics announced that the Board of Directors of the Company at its meeting held on 28 July 2016 have approved increase in investment in paid up share capital of Vintage Tiles to 50% (from 26%) and further to expand its current capacity from 2.99 MSM per annum to 4.80 MSM per annum for Polished Vitrified Tiles (Double Charge).

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First Published: Jul 29 2016 | 10:15 AM IST

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