MoneyWorks4Me

Kajaria Ceramics has incorporated wholly-owned subsidiary namely ‘Kajaria International DMCC’ at Dubai. The company has initially subscribed 50 ordinary shares of Kajaria DMCC for AED 1000 each, equivalent to Rs 10,87,500. The company has subscribed 100% shares of the Kajaria DMCC. Accordingly, Kajaria DMCC has now become a related party of the company.

Kajaria DMCC will carry out marketing of tiles/sanitary ware/faucet/plywood/laminates in UAE and/or may also in other international markets.

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

Peers