Kajaria Ceramics’ board has approved deferment of making investment upto 8% of paid up equity shares of Clean Solar Power (Jaipur), a wholly-owned subsidiary of Hero Future Energies, i.e. at par value aggregating upto Rs 2 crore and no investment will be made in the said entity by the Company. The Board of Directors of the company at their meeting held on October 25, 2018, approved the same.
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.
