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Kajaria Ceramics gets nod to increase investment limits in Kajaria International DMCC

27 Aug 2024 Evaluate

Kajaria Ceramics has received approval for increase in the limits of investment by the company in Kajaria International DMCC (U.A.E.), a wholly-owned subsidiary company, from Rs 15 crore to Rs 30 crore, in one or more tranches, by way of subscribing shares and/or granting loan(s) and/or providing guarantee(s), subject to compliance of applicable laws. 

The proposed investment aims to the fund requirements of Kajaria International for capitalising the growing opportunities in other parts of the world including to acquire retail outlets in U.K. The acquisition of the outlets in U.K., will benefit the company by way of increasing presence & customer base in U.K., enhancing the brand image in global markets. The Board of Directors of the company at its meeting held on August 27, 2024, have, inter-alia, considered and approved the same. 

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


Kajaria Ceramics Share Price

1169.10 8.90 (0.77%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1169.10
Somany Ceramics 438.55
Cera Sanitaryware 5263.00
Asian Granito India 73.08
Pokarna 924.05
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