Somany Ceramics to acquire Siravit Ceramics for ₹58.80 crore
Somany Ceramics approved in-principle investment of ₹58.80 crore in Siravit Ceramics via share acquisition or subscription. The move aims to strengthen its presence in the ceramics segment through strategic expansion. The acquisition may be executed in one or more tranches. Board approval marks initial step; details to follow.
📊 STOCKS: SOMANYCER | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Acquisition
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