/ Somany Ceramics Dips Nearly 1% Terminates JV Agreement ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 2 June 2017

Somany Ceramics nosedived nearly 1% on BSE on the second half of Friday’s trade at Rs 779.50 per share. The company informed regarding the decision of board of directors of the company pertaining to the termination of joint venture agreement entered between Keraben Grupo S.A. and Somany Ceramics Ltd in the year 2006 has been terminated w.e.f. from June 1, 2017.

The JV was entered into for the purpose of production, marketing, promotion, distribution of floor produced by SCL with technical know-how and technical assistance design from Keraben.

For Quick Trial – 8962000225 ✔ 
or mail us here: info@ways2capital.com
or visit http://www.ways2capital.com
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 ✔ 
Give a Missed Call for Free Trial - 09699997717 ✔