Kajaria Ceramics has received approval to increase limits of investment in Kajaria International DMCC (U.A.E.) (Kajaria International), a wholly-owned subsidiary company, from Rs 5 crore to Rs 15 crore, in one or more tranches, through subscription of shares of Kajaria International and/or granting of unsecured loan to Kajaria International, subject to compliance of applicable laws.
The objective of acquisition is to meet the fund requirements of Kajaria International in view of the capitalising the growing opportunities in other parts of the world. The Board of Directors of the company at its meeting held on August 28, 2023 have, inter-alia, considered and approved the same.
Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1184.85 |
| Somany Ceramics | 450.20 |
| Cera Sanitaryware | 5314.90 |
| Asian Granito India | 78.00 |
| Pokarna | 908.00 |
| View more.. | |
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