Tag: Somany Home Innovation Limited

Groupe Atlantic to invest Rs 68.3 cr in SHIL’s Neier subsidiary for 50% stake in its water heater business

Group Atlantic, France, a 2.2 billion Euro company with a dominant presence in manufacturing, developing, and distributing eco-friendly heating products and hot water solutions are to invest Rs 68.3 crore for a 50% stake in the water heater business subsidiary of Somany Home Innovation Limited (SHIL), one of India’s leading premium consumer appliances and building…