Somany Ceramics Limited
Somany Ceramics, on Thursday, raised 25 crore through issuance of commercial papers (CP) on private placement basis, the company informed the exchanges. The CP, which matures on January 23, was...22-12-2016
22-12-2016
Issuance of Commercial Paper
Somany Ceramics Ltd has informed BSE that the Company has issued Commercial paper of Rs. 25.00 Crore value dated December 22, 2016 having maturity on January 23, 2017.The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.22-12-2016
Somany Ceramics Redefines the Smart Toilet Category, Launches Exquisite French Collection Range
Somany Ceramics Ltd has informed BSE regarding "Somany Ceramics Redefines the Smart Toilet Category, Launches Exquisite French Collection Range".15-12-2016
Redemption of Commercial Paper
Somany Ceramics Ltd has informed BSE that Commercial Paper of Rs. 25.00 Crores issued on September 29, 2016 with maturity date of December 09, 2016 has been redeemed.09-12-2016
Updates
Somany Ceramics Ltd has submitted to BSE a copy of Newspaper Advertisement of the Notice for Transfer of equity shares to IEPF Suspense Account.06-12-2016
Demise of Founder of the Company
Somany Ceramics Ltd has informed BSE that Shri Hiralall Ji Somany - Founder of the Company passed away peacefully on November 14, 2016, at the age of 96.15-11-2016
Updates
With refernece to earlier letter dated October 26, 2016 regarding approval of the board of directors for investment upto 51% in the issued and paid up share capital of M/s. Sudha Ceramics Private Limited for setting up a greenfield project for manufacturing of vitrified tiles in the State of Andhra Pradesh, Somany Ceramics Ltd has further informed BSE about clarification sought by the Exchange in this regard.07-11-2016
Issuance of Commercial Paper
Somany Ceramics Ltd has informed BSE that the Company has issued Commercial paper of Rs. 15.00 Crore value dated October 28, 2016 having maturity on December 27, 2016.The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.28-10-2016
Investor Update - Q2/H1 FY17
Somany Ceramics Ltd has informed BSE regarding "Investor Update for the Q2/H1 FY17".27-10-2016
Outcome of Board Meeting
Somany Ceramics Ltd has informed BSE regarding Outcome of Board Meeting held on October 26, 2016.26-10-2016