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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
41 announcements match the current filters (relevance ≥ 5).
Kajaria Ceramics Announces ₹296.7 Cr Buyback at ₹1,380, ₹6 Dividend, and ₹210 Cr Expansion
Kajaria Ceramics has announced a significant capital allocation plan including a ₹296.70 crore share buyback at ₹1,380 per share, representing a ~15.6% premium over recent market prices. The board also recommended a final dividend of ₹6 per share and approved a ₹210 crore capacity expansion at its Srikalahasti plant to add 10 MSM of production by March 2027. Furthermore, the company is investing ₹95 crores into its bathware and sanitaryware subsidiaries to strengthen their balance sheets and support growth.
Key Highlights
Approved buyback of 21.50 lakh shares at ₹1,380 per share via tender offer route, totaling ₹296.70 crores.
Recommended a final dividend of ₹6 per equity share for the financial year ended March 31, 2026.
Announced ₹210 crore expansion of Srikalahasti plant to add 10 MSM capacity, funded through internal accruals.
Invested ₹45 crores in Kerovit Global and ₹50 crores in Kajaria Bathware to improve debt-equity and consolidate holdings.
Appointed Ernst & Young LLP as Internal Auditors for the 2026-27 financial year.
👀 What to Watch
Investors should consider the buyback at a premium and the steady dividend as a sign of strong cash flow and management confidence. The expansion into the Southern market provides a clear roadmap for long-term volume growth.
Kajaria Ceramics Announces ₹1,380 Buyback, ₹6 Dividend, and ₹210 Cr Capacity Expansion
Kajaria Ceramics has approved a comprehensive capital allocation plan including a ₹296.70 crore share buyback at ₹1,380 per share and a final dividend of ₹6 per share. The company is also committing ₹210 crore to expand its Srikalahasti plant capacity by 10 MSM to target the Southern Indian market by March 2027. Additionally, it is investing ₹95 crore across its bathware and sanitaryware subsidiaries to optimize debt-equity ratios and consolidate holdings. These moves signal strong cash flow confidence and a clear roadmap for regional growth.
Key Highlights
Approved buyback of up to 21.50 lakh shares at ₹1,380 per share via tender offer, totaling ₹296.70 crore.
Recommended a final dividend of ₹6 per equity share (600% of face value) for FY26.
Announced ₹210 crore expansion at Srikalahasti plant to add 10 MSM capacity by March 2027.
Investing ₹45 crore in Kerovit Global and ₹50 crore in Kajaria Bathware subsidiaries.
Buyback price represents a premium of approximately 15.6% over the closing price on April 21, 2026.
👀 What to Watch
Investors should benefit from the substantial buyback premium and dividend payout; the capacity expansion provides a positive long-term growth outlook for the Southern market.
Kajaria Ceramics Approves ₹296.7 Cr Buyback at ₹1,380/Share and ₹210 Cr Expansion
Kajaria Ceramics has announced a multi-pronged strategy including a ₹296.70 crore share buyback at ₹1,380 per share, representing a ~15.6% premium. The board also recommended a final dividend of ₹6 per share and approved a ₹210 crore capacity expansion at its Srikalahasti plant to add 10 MSM per annum by March 2027. Notably, promoters will not participate in the buyback, which likely increases the acceptance ratio for retail investors. Additionally, the company is investing ₹95 crores into its bathware and sanitaryware subsidiaries to improve their debt-equity ratios and consolidate holdings.
Key Highlights
Approved buyback of 21.50 lakh shares (1.35% of capital) at ₹1,380 per share via tender route.
Recommended a final dividend of ₹6 per equity share for the financial year ended March 31, 2026.
Planned ₹210 crore investment for 10 MSM capacity expansion at Srikalahasti, funded via internal accruals.
Promoters and Promoter Group have expressed their intention not to participate in the proposed buyback.
Approved ₹95 crore total investment/acquisition in subsidiaries Kerovit Global and Kajaria Bathware.
👀 What to Watch
Retail investors should monitor for the record date to participate in the buyback, benefiting from the 15% small shareholder reservation. The aggressive expansion and consistent dividend payout signal strong long-term growth and healthy cash flow management.
Kajaria Ceramics Announces ₹296.7 Cr Buyback at ₹1380/Share and ₹210 Cr Capacity Expansion
Kajaria Ceramics has approved a buyback of 21.50 lakh equity shares at ₹1,380 per share, representing a 15.6% premium over recent market prices. The company is also undertaking a major expansion at its Srikalahasti plant with an investment of ₹210 crores to add 10 MSM capacity by March 2027. Furthermore, the board recommended a final dividend of ₹6 per share and approved investments totaling ₹95 crores into its bathware and sanitaryware subsidiaries. These moves indicate a strong capital allocation strategy focusing on both shareholder returns and future growth.
Key Highlights
Approved buyback of up to 21.50 lakh shares (1.35% of capital) at ₹1,380 per share via tender offer for ₹296.70 crores.
Announced ₹210 crore investment to expand Srikalahasti plant capacity by 10 MSM for Glazed Vitrified Tiles by March 2027.
Recommended a final dividend of ₹6 per equity share for the financial year ended March 31, 2026.
Approved ₹50 crore acquisition of CCPS in Kajaria Bathware and ₹45 crore preference share subscription in Kerovit Global.
Appointed Ernst & Young LLP (EY) as Internal Auditors for the financial year 2026-27.
👀 What to Watch
Investors should consider participating in the tender-route buyback given the 15%+ premium. The expansion into the Southern market and the healthy dividend yield make this a strong long-term hold for growth-oriented portfolios.
Kajaria Ceramics Approves ₹296.7 Cr Buyback at ₹1,380/Share, ₹6 Dividend, and ₹210 Cr Expansion
Kajaria Ceramics has announced a multi-pronged strategy including a share buyback, dividend, and significant capacity expansion. The Board approved a buyback of 21.50 lakh shares at ₹1,380 per share, representing a 15.5% premium, alongside a final dividend of ₹6 per share. To drive growth, the company will invest ₹210 crores to add 10 MSM capacity at its Srikalahasti plant by March 2027. Additionally, it is consolidating its bathware subsidiaries through investments totaling ₹95 crores.
Key Highlights
Approved buyback of 21.50 lakh shares (1.35% of total capital) at ₹1,380 per share via tender offer route.
Recommended a final dividend of ₹6 per equity share for the financial year ended March 31, 2026.
Announced ₹210 crore expansion at Srikalahasti plant to increase capacity by 10 MSM by March 2027.
Acquisition of CCPS in Kajaria Bathware for ₹50 crores and ₹45 crore investment in Kerovit Global.
Buyback size of ₹296.70 crores represents 10.27% of the company's standalone paid-up capital and free reserves.
👀 What to Watch
Investors should consider the 15.5% buyback premium and the company's focus on southern market expansion as positive indicators. The non-participation of promoters in the buyback may offer a better acceptance ratio for retail shareholders.
Kajaria Ceramics: ₹6 Dividend, ₹296.7 Cr Buyback at ₹1380, and ₹210 Cr Capacity Expansion
Kajaria Ceramics has announced a significant capital return and growth plan, including a final dividend of ₹6 per share and a ₹296.70 crore share buyback. The buyback is priced at ₹1380 per share, representing a premium of approximately 15.6% over recent market prices via the tender offer route. Simultaneously, the company is committing ₹210 crores to expand its Srikalahasti plant capacity by 10 MSM to capture growth in the Southern Indian market. The board also approved ₹95 crores in capital infusions for its bathware and sanitaryware subsidiaries to improve their debt-equity ratios.
Key Highlights
Recommended a final dividend of ₹6 per equity share for the financial year ended March 31, 2026.
Approved a share buyback of up to 21.50 lakh shares at ₹1380 per share, totaling ₹296.70 crores.
Announced ₹210 crore investment to add 10 MSM capacity at the Srikalahasti plant by March 2027.
Buyback price offers a premium of ~15.6% over the closing price of April 21, 2026.
Approved ₹45 crore preference share subscription in Kerovit Global and ₹50 crore CCPS acquisition in Kajaria Bathware.
👀 What to Watch
Investors should benefit from the immediate cash return through the dividend and the premium buyback offer. The simultaneous ₹210 crore capacity expansion signals strong management confidence in future demand, supporting a positive long-term outlook.
Kajaria Ceramics Announces ₹296.7 Cr Buyback at ₹1380, ₹6 Dividend, and ₹210 Cr Expansion
Kajaria Ceramics has announced a significant shareholder payout through a buyback of 21.50 lakh shares at ₹1380 per share, representing a premium of approximately 15.6% over recent market prices. The board also recommended a final dividend of ₹6 per share for FY26. On the growth front, the company approved a ₹210 crore expansion at its Srikalahasti plant to add 10 MSM of capacity by March 2027. Additionally, the company is consolidating its bathware business by investing ₹95 crore across two subsidiaries.
Key Highlights
Approved buyback of 21.50 lakh equity shares (1.35% stake) at ₹1380 per share via tender offer route
Recommended a final dividend of ₹6 per equity share (600% of face value) for the financial year ended March 31, 2026
Announced ₹210 crore capacity expansion of 10 MSM at the Srikalahasti plant, funded through internal accruals
Approved ₹50 crore acquisition of CCPS in Kajaria Bathware and ₹45 crore investment in Kerovit Global
Appointed Ernst & Young LLP as Internal Auditors for the financial year 2026-27
👀 What to Watch
Investors should look out for the record date to participate in the buyback at a premium and the ₹6 dividend. The capacity expansion and subsidiary consolidation signal long-term growth confidence in the tiles and bathware segments.
Kajaria Ceramics Acquires Remaining 10% Stake in Kajaria Surfaces for ₹1.16 Crores
Kajaria Ceramics has successfully acquired the remaining 10% equity stake (9,50,000 shares) in Kajaria Surfaces Private Limited for a cash consideration of ₹1.16 crores. With this acquisition, Kajaria Surfaces has transitioned from a 90% subsidiary to a 100% wholly-owned subsidiary of the company. Kajaria Surfaces, which is involved in tile manufacturing, reported a turnover of ₹109.97 crores and a profit after tax of ₹1.09 crores for FY 2024-25. This move consolidates the parent company's control over its manufacturing operations.
Key Highlights
Acquired 9,50,000 equity shares representing a 10% stake for ₹1.16 crores in cash.
Kajaria Surfaces Private Limited is now a 100% wholly-owned subsidiary of Kajaria Ceramics.
Target entity reported a turnover of ₹109.97 crores and PAT of ₹1.09 crores in FY25.
The transaction was completed on March 24, 2026, following prior approval from the Audit Committee.
The acquisition was conducted at arm's length from existing shareholders, including related parties.
👀 What to Watch
This is a minor but positive structural consolidation that simplifies the corporate hierarchy. Investors should note the full ownership of a profitable manufacturing unit, though the financial impact on the consolidated entity is relatively small.
Kajaria Ceramics Appoints Siddharth Parida as Chief Marketing Officer Effective March 25, 2026
Kajaria Ceramics has appointed Mr. Siddharth Parida as its new Chief Marketing Officer (CMO), effective March 25, 2026. Mr. Parida brings over 19 years of extensive experience from reputable organizations including Asian Paints, Amul, and Goodyear Tires. His expertise in brand premiumisation and revenue growth is expected to strengthen Kajaria's market positioning. The appointment was approved by the Board of Directors following the recommendation of the Nomination and Remuneration Committee.
Key Highlights
Mr. Siddharth Parida appointed as Chief Marketing Officer effective March 25, 2026
Brings over 19 years of experience in brand launches and business transformation
Previous experience includes senior roles at Goodyear Tires, Asian Paints, and Amul
Holds an MBA in Marketing from XLRI Jamshedpur and a BE in Computer Science
Appointment aimed at driving brand premiumisation and accelerating revenue growth
👀 What to Watch
Investors should view this as a positive step in strengthening the leadership team with relevant industry experience. Monitor for any shifts in marketing strategy or brand positioning in the coming fiscal year.
Kajaria Ceramics acquires remaining 25% stake in Kajaria Adhesive for Rs. 25,000
Kajaria Ceramics has increased its stake in Kajaria Adhesive Private Limited (KAPL) from 75% to 100%, making it a wholly-owned subsidiary. The acquisition of the remaining 25% stake (2,500 shares) was completed for a nominal cash consideration of Rs. 25,000 from a promoter group member. KAPL is currently in the process of setting up a manufacturing plant for tile adhesives in Erode, Tamil Nadu. While the financial impact is currently negligible due to KAPL's pre-revenue stage, the move consolidates control over a strategic ancillary business.
Key Highlights
Acquired 2,500 equity shares (25% stake) to reach 100% ownership in KAPL
Total cash consideration for the 25% stake was Rs. 25,000
KAPL is establishing a tile adhesive manufacturing facility in Erode, Tamil Nadu
Target entity reported a turnover of Nil and a loss of Rs. 0.07 crore for FY25
👀 What to Watch
No immediate action is required as the transaction size is very small. Investors should track the operationalization of the Erode plant for future growth in the adhesive segment.
Kajaria Ceramics Q3 FY26: PAT Rises 13% to ₹88 Cr; EBITDA Margin Hits 17.2%
Kajaria Ceramics reported a flattish consolidated revenue of ₹1,168 crores for Q3 FY26, as tile volumes remained stagnant and the ply division was closed. EBITDA margins expanded significantly by 442 bps year-on-year to 17.2% due to cost optimization, though they fell 74 bps sequentially due to SKU liquidation discounts. Net profit grew 13% to ₹88 crores, impacted by an exceptional item of ₹39.64 crores related to a previously reported fraud in a subsidiary. The company is currently undergoing a strategic transformation titled 'Kajaria 2.0' to unify verticals and improve operational efficiency.
Key Highlights
Consolidated revenue stood at ₹1,168 crores, flattish YoY due to zero growth in tile volumes.
EBITDA margin improved to 17.2% from 12.48% YoY, driven by cost-cutting and value-added product shifts.
PAT increased by 13% to ₹88 crores after accounting for a ₹39.64 crore exceptional charge for subsidiary fraud.
Adhesives segment revenue grew 75% YoY to ₹35 crores, while Bathware grew 9% to ₹103 crores.
Working capital cycle increased to 64 days from 56 days sequentially due to higher receivables.
👀 What to Watch
Investors should monitor volume growth in Q4 as the company transitions through its 'Kajaria 2.0' restructuring. While margin expansion is a positive sign, the stagnant volume growth and ongoing forensic audit regarding subsidiary fraud suggest a wait-and-watch approach.
Kajaria Ceramics Q3 FY26: PAT up 13% YoY to ₹88 Cr, EBITDA Margin expands to 17.2%
Kajaria Ceramics reported flattish consolidated revenue of ₹1,168 crore for Q3 FY26, impacted by soft market demand and the closure of its plywood division. Despite stagnant volumes, EBITDA grew 35% YoY to ₹201 crore, with margins expanding significantly by 442 bps to 17.20% due to better operational efficiencies. Net profit rose 13% YoY to ₹87.72 crore, though it was slightly tempered by lower sales realizations and discounts offered to clear inventory. The company is also consolidating its holdings by acquiring the remaining stakes in its adhesive and surfaces subsidiaries.
Key Highlights
Consolidated Revenue remained flattish at ₹1,168.26 crore compared to ₹1,163.71 crore in the previous year.
EBITDA surged 35% YoY to ₹200.90 crore, with margins improving to 17.20% from 12.78% YoY.
Net Profit (PAT) increased by 13% YoY to ₹87.72 crore for the quarter ended December 2025.
Tile sales volume remained stagnant at 28.97 MSM, reflecting soft overall market demand.
Board approved acquiring 100% ownership in Kajaria Surfaces and Kajaria Adhesive for better integration.
👀 What to Watch
Investors should focus on the significant margin improvement despite a challenging demand environment. The shift towards value-added products like Glazed Vitrified Tiles and consolidation of subsidiaries are positive long-term steps.
Kajaria Ceramics to Acquire 100% Stake in Two Subsidiaries; Announces Management Changes
Kajaria Ceramics has approved the acquisition of remaining stakes in two subsidiaries, Kajaria Adhesive Private Limited and Kajaria Surfaces Private Limited, to make them wholly-owned. The total cash consideration for these acquisitions is approximately Rs. 1.20 crores. Additionally, the company announced a planned leadership transition with the superannuation of COO and Company Secretary Mr. Ram Chandra Rawat in March 2026. Mr. Vinit Kumar, an internal veteran since 2016, has been appointed as his successor effective April 1, 2026.
Key Highlights
Acquiring 25% stake in Kajaria Adhesive for Rs. 25,000 to make it a 100% subsidiary.
Acquiring 10% stake in Kajaria Surfaces for Rs. 1.20 crores to achieve 100% ownership.
Kajaria Surfaces reported a turnover of Rs. 109.97 crores and PAT of Rs. 1.09 crores for FY25.
COO and Company Secretary Ram Chandra Rawat to retire effective March 31, 2026.
Vinit Kumar appointed as General Counsel & Company Secretary effective April 1, 2026.
👀 What to Watch
The acquisitions are small in scale but simplify the corporate structure by consolidating ownership. Investors should focus on the Q3 financial results for operational performance trends.
Kajaria Ceramics Announces Leadership Transition and Consolidation of Two Subsidiaries
Kajaria Ceramics has announced a planned leadership transition with the retirement of Mr. Ram Chandra Rawat, COO and Company Secretary, effective March 31, 2026. He will be succeeded by Mr. Vinit Kumar, who has been with the company since 2016. Additionally, the company is consolidating its corporate structure by acquiring the remaining stakes in Kajaria Adhesive (for Rs. 25,000) and Kajaria Surfaces (for Rs. 1.20 crores) to make them wholly-owned subsidiaries. The board also approved the unaudited financial results for the quarter ended December 31, 2025.
Key Highlights
Mr. Ram Chandra Rawat to retire as COO, CS, and KMP effective March 31, 2026
Mr. Vinit Kumar appointed as General Counsel & Company Secretary effective April 1, 2026
Acquiring remaining 25% stake in Kajaria Adhesive Private Limited for Rs. 25,000
Acquiring remaining 10% stake in Kajaria Surfaces Private Limited for Rs. 1.20 crores
Kajaria Surfaces reported FY25 turnover of Rs. 109.97 crores and PAT of Rs. 1.09 crores
👀 What to Watch
The leadership transition appears well-planned with a long lead time, suggesting minimal operational disruption. Investors should monitor the Q3 FY26 financial results for operational performance while viewing the subsidiary consolidations as minor corporate streamlining.
Kajaria Ceramics Reports Vendor Fraud at Kerovit Subsidiary; Achieves ₹150 Cr Cost Savings
Kajaria Ceramics disclosed a vendor fraud at its step-down subsidiary, Kerovit Global, involving an employee who created fake vendor accounts using forged signatures. The company has recovered ₹60 lakh so far and expects to treat the remaining loss as an exceptional item in its financials. To prevent future occurrences, management is implementing an automated vendor onboarding system across all subsidiaries under the 'Kajaria 2.0' initiative. Separately, the company reported achieving ₹150 crores in annualized cost savings through its 'Operation Manthan' efficiency program.
Key Highlights
Detected vendor fraud at Kerovit Global involving an 8-year employee using forged signatures for fake vendor payments.
Recovered ₹60 lakh immediately; management is conducting a forensic audit to determine the total financial impact.
Achieved ₹150 crores in annualized cost savings through 'Operation Manthan' by optimizing manpower and logistics.
Implementing a mandatory automated vendor onboarding portal (Sequelstring) across all subsidiaries within 3 months.
Management confirmed no discrepancies were found in other subsidiaries after a comprehensive internal review.
👀 What to Watch
Investors should monitor the final quantified loss from the fraud and the outcome of the forensic audit. While the governance lapse is a concern, the ₹150 crore cost savings and management's proactive transparency are positive indicators of operational resilience.
Kajaria Ceramics Releases Audio Recording Regarding Fraud in Step-Down Subsidiary
Kajaria Ceramics has released the audio recording of its investor conference call held on December 22, 2025, regarding a fraud incident. The call addressed the unexpected event involving a fraud discovered in a step-down wholly-owned subsidiary, which was first reported on December 19, 2025. This disclosure follows SEBI Regulation 30 requirements to keep the market informed about significant corporate developments. Investors are closely monitoring the situation to assess the financial impact and the robustness of the company's internal controls.
Key Highlights
Audio recording of the investor call held on December 22, 2025, is now publicly available.
The call specifically addressed a fraud incident within a step-down wholly-owned subsidiary.
Initial notification of the fraud event was provided to stock exchanges on December 19, 2025.
The company has uploaded the recording to its official website for transparency and regulatory compliance.
👀 What to Watch
Investors should listen to the conference call recording to gauge the scale of the fraud and management's remedial actions. It is critical to watch for any upcoming financial adjustments or forensic audit results related to the subsidiary.
Kajaria Ceramics Schedules Emergency Call on Dec 22 to Discuss Subsidiary Fraud
Kajaria Ceramics has scheduled an urgent investor conference call for December 22, 2025, at 11:00 AM IST to address a recently discovered fraud. The incident occurred within a step-down wholly-owned subsidiary and was first reported to the exchanges on December 19, 2025. Management is providing this update on shorter-than-usual notice to clarify the situation and its impact on the company. The call is being hosted by Nuvama Wealth Management and will feature senior leadership.
Key Highlights
Investor conference call scheduled for Monday, December 22, 2025, at 11:00 AM IST.
The call specifically addresses a fraud incident in a step-down wholly-owned subsidiary.
The incident was initially reported to stock exchanges on December 19, 2025.
Company is bypassing standard notice timelines to provide immediate clarification to the market.
Senior management will be present to represent the company and answer investor queries.
👀 What to Watch
Investors should attend the conference call to assess the financial magnitude of the fraud and its impact on consolidated earnings. Closely monitor management's explanation regarding internal control failures and remedial actions to prevent future occurrences.
Kajaria Ceramics Reports ₹20 Crore Fraud in Subsidiary; CFO Terminated
Kajaria Ceramics has reported a financial fraud involving embezzlement and siphoning of funds at its step-down subsidiary, Kerovit Global Private Limited. The fraud, estimated at ₹20 crores, was allegedly committed by Dilip Kumar Maliwal, the CFO of Kajaria Bathware Private Limited, over the past two years. The company has filed a criminal complaint with the Economic Offence Wing of the Delhi Police and terminated the CFO's employment. While the financial impact is relatively small compared to the group's consolidated turnover, it highlights a significant lapse in internal oversight at the subsidiary level.
Key Highlights
Fraud of ₹20 crores detected in step-down wholly-owned subsidiary Kerovit Global Private Limited
Involvement of Dilip Kumar Maliwal, CFO and Key Managerial Personnel of Kajaria Bathware Private Limited
Embezzlement and siphoning of funds occurred over a period of the last two years
Formal complaint filed with the Economic Offence Wing (EOW), Delhi Police on December 18, 2025
The involved official has been terminated and the board is reviewing internal safeguards
👀 What to Watch
Investors should monitor the company's upcoming audit reports for any further internal control weaknesses. While the ₹20 crore loss is manageable, the governance breach may lead to short-term negative sentiment regarding management oversight.
Kajaria Ceramics Appoints Hitesh Jain and Pradeep Udhas as Independent Directors for 5 Years
Kajaria Ceramics has approved the appointment of two highly experienced professionals, Mr. Hitesh Sohanlal Jain and Mr. Pradeep Udhas, as Additional Non-executive Independent Directors. Mr. Jain brings over 30 years of legal and regulatory expertise, having served on the 23rd Law Commission of India. Mr. Udhas, a co-founder of KPMG India, offers extensive experience in global business strategy and management consulting. Both appointments are for a five-year term effective December 19, 2025, pending shareholder approval.
Key Highlights
Appointment of Mr. Hitesh Sohanlal Jain and Mr. Pradeep Udhas for a 5-year term starting Dec 19, 2025
Mr. Jain is a senior legal professional and former member of the 23rd Law Commission of India
Mr. Udhas is a co-founder of KPMG India with over 30 years of experience in consulting and private equity
Both directors are appointed as Non-executive Independent Directors and are not related to any existing board members
👀 What to Watch
Investors should view these appointments as a positive move to strengthen corporate governance and strategic oversight. No immediate action is required as these are high-quality additions to the board.
Kajaria Ceramics Shareholders Approve Top Management Re-designations with Over 99% Majority
Shareholders of Kajaria Ceramics have overwhelmingly approved the re-designation and appointment of the company's core leadership via postal ballot. Mr. Ashok Kajaria has been appointed as Chairman, while Mr. Chetan Kajaria and Mr. Rishi Kajaria have been appointed as Vice Chairman and Managing Director, respectively. All three resolutions passed with significant majorities, each exceeding 99.7% of the total valid votes cast. This move formalizes the executive structure and ensures leadership continuity for India's largest tile manufacturer.
Key Highlights
Mr. Ashok Kajaria appointed as Chairman with 99.76% of votes in favor
Mr. Chetan Kajaria appointed as Vice Chairman with 99.96% of votes in favor
Mr. Rishi Kajaria appointed as Managing Director with 99.96% of votes in favor
Total valid votes cast for the resolutions exceeded 126.3 million shares
Resolutions were passed as Special Resolutions through a postal ballot process concluded on December 15, 2025
👀 What to Watch
The high approval ratings indicate strong shareholder confidence in the existing promoter-led management. Investors should view this as a sign of leadership stability and continue to monitor the company's quarterly operational performance.
