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Kajaria Ceramics has informed that the Board of Directors of the Company at its meeting held on July 20, 2015, has approved to acquire 51% stake in Floera Ceramics Private Limited, Rajahmundry (Andhra Pradesh) by subscribing to the equity shares of the Company. Floera Ceramics Plans to put up a manufacturing facility of Polished Vitrified tiles with a capacity of 5.70 MSM p.a. in Andhra Pradesh.

The above information is a part of company’s filings submitted to BSE.

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