Kajaria Ceramics Makes Kajaria Surfaces a Wholly Owned Subsidiary

Kajaria Ceramics Limited ( (IN:KAJARIACER) ) has provided an update.

Kajaria Ceramics Limited has acquired an additional 9,50,000 equity shares, representing 10% of Kajaria Surfaces Private Limited, thereby converting it into a wholly owned subsidiary. Kajaria Surfaces, which manufactures tiles and reported a turnover of Rs. 109.97 crore and profit after tax of Rs. 1.09 crore for the year ended March 31, 2025, is now fully controlled by Kajaria Ceramics, strengthening group integration in its core tiles business.

The transaction was executed as a related-party deal with other shareholders of Kajaria Surfaces, including a director of another Kajaria subsidiary, but was carried out on an arm’s length basis following prior approval from the company’s audit committee. By consolidating full ownership, Kajaria Ceramics is expected to gain greater strategic and operational control over Kajaria Surfaces, potentially improving coordination, governance, and alignment within its tiles manufacturing portfolio, while no additional regulatory approvals were required.

More about Kajaria Ceramics Limited

Kajaria Ceramics Limited operates in the building materials sector, focusing on the manufacture and sale of tiles and related surfaces. Through subsidiaries such as Kajaria Surfaces Private Limited, the group is expanding its presence in the tiles manufacturing space, targeting growth in both domestic and potentially export-oriented markets within the broader construction and interiors industry.

Average Trading Volume: 72,667

Technical Sentiment Signal: Sell

Current Market Cap: 140.8B INR

See more data about KAJARIACER stock on TipRanks’ Stock Analysis page.