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Prospect News home > News index > List of issuers S > Headlines for Somany Ceramics Ltd. > News item
Published on 6/25/2020 in the Prospect News Emerging Markets Daily.

India’s Somany Ceramics board OKs up to Rs. 500 million debt issue

By Sarah Lizee

Olympia, Wash., June 25 – Somany Ceramics Ltd. informed the Bombay Stock Exchange that its board of directors met on Thursday and approved an issue of up to Rs. 500 million of nonconvertible debentures, bonds or other similar instruments.

The issuance is subject to shareholder approval.

The ceramics decor provider is based in Kolkata, India.


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