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Kajaria Ceramics gets nod to acquire additional stake in Cosa Ceramics

21 Jan 2022 Evaluate

Kajaria Ceramics has received an approval for additional acquisition upto 23,66,520 equity shares of Rs 10 each of Cosa Ceramics, a subsidiary company, at a consideration aggregating to Rs 20.83 crore. The said acquisition aims to have better control over Cosa as the company has take control on production along with sales of Cosa.

Presently, the company holds 51% equity shares in Cosa and after completion of the proposed acquisition, holding of the company in the equity shares of Cosa would be increased up to 77%. The Board of Directors of the company, at their meeting held on January 21, 2022 has approved the same.    

Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.

Kajaria Ceramics Share Price

1210.35 17.80 (1.49%)
24-Apr-2026 16:59 View Price Chart
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Company Name CMP
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