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Somany Ceramics issues CP aggregating Rs 50 cr

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Capital Market

On 20 December 2017

Somany Ceramics has issued Commercial Paper of Rs. 50 crore value dated 20 December, 2017 having maturity on 15 March, 2018. The aforesaid issuance of commercial papers is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

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First Published: Dec 21 2017 | 3:25 PM IST

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