Somany Ceramics begins commercial production of expansion project; Stock dips 1.5%

25 Apr 2022 , 11:05 AM

Somany Ceramics Ltd has informed to the exchanges regarding commencement of Commercial Production by the company.

According to the filing, the modernization cum expansion of a production line of double fast firing (DFF) to produce large format wall tile was successfully completed and commercial production has commenced from April 21, 2022.

Post this the total capacity of tile manufacturing at Kassar Plant has increased to 23.32 million squares meters per annum, said company.

At around 11:08 AM, Somany Ceramics was trading at Rs640.05 apiece down by Rs9.5 or 1.46% from its previous closing of Rs649.55 apiece on the BSE.