- Somany Ceramics Limited informed the exchanges that the Board has invested Rs14 lakh in Somany Piastrelle Private Limited towards the acquisition of equity shares by way of the right issue.
- The company’s Board of Directors at their meeting held on March 17, 2021, have approved the investment up to an amount not exceeding Rs90cr in one or more tranche
- The company had informed on March 17, 2021 “ The proposed investment is towards setting up a greenfield project of 3.48 million square meters per annum of Glazed Vitrified Tiles at Dhanot, Gujarat by M/s Somany Piastrelle,”
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