Pursuant to the provisions of the Listing Regulations, Kajaria Ceramics has informed that the Board of Directors of the company at its meeting held today, commenced at 03.10 pm and concluded at 3.30 pm, considered and approved increase in the limits of investment by the Company in Kajaria International DMCC (U.A.E.) [‘Kajaria International’], a wholly-owned subsidiary company, from Rs 5 crores to Rs 15 crores, 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. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-A.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1187.65 |
| Somany Ceramics | 447.05 |
| Cera Sanitaryware | 5296.40 |
| Asian Granito India | 77.40 |
| Pokarna | 906.95 |
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