Aravali Investment Holdings, Mauritius (Aravali), a wholly-owned subsidiary of WestBridge Crossover Fund, LLC, has executed a Share Subscription Agreement (SSA) and a Shareholders’ Agreement (SHA) with Kajaria Ceramics’ wholly-owned subsidiary -- Kajaria Bathware (KBPL).
Pursuant to the execution of the said Agreements, Aravali has agreed to invest Rs 64.50 crore through subscription of Compulsorily Convertible Preference Shares (CCPS) of KBPL, subject to fulfilment of Conditions Precedent in the said agreements. Post issuance of the said CCPS, the existing shareholding of the company in KBPL will get diluted by 15% (i.e. shareholding of the company would be around 85% of post-issuance capital (on fully diluted basis) of KBPL).
Kajaria Ceramics is the largest ceramic floor and wall tile manufacturer in India. The company has an in-house research and development facility that focuses on developing new designs and creating cost effective products.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1178.20 |
| Somany Ceramics | 441.15 |
| Cera Sanitaryware | 5332.20 |
| Asian Granito India | 75.34 |
| Pokarna | 928.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: