On 10 January 2017

Somany Ceramics has issued Commercial paper of Rs. 15.00 crore value dated 10 January 2017 having maturity on 24 March 2017.

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: Jan 10 2017 | 4:17 PM IST

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