Brief: India's Somany Ceramics issues commercial paper worth 200 mln rupees

Somany Ceramics

07/09/2017 12:41

Sept 7 (Reuters) - Somany Ceramics Ltd  SOCE.NS  
    * Says issued commercial paper of INR 200 million value 
dated Sept 7, 2017 having maturity on Dec 6, 2017 
    * Issuance of commercial paper is to reduce high interest 
bearing cash credit limits and in turn reducing cost of 
borrowing 
 
Source text - http://bit.ly/2wb444M 
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