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.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1210.35 |
| Somany Ceramics | 470.10 |
| Cera Sanitaryware | 5331.30 |
| Asian Granito India | 74.39 |
| Pokarna | 901.55 |
| 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: