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Kajaria Ceramics gets nod to make investment in Kajaria Adhesive

04 Feb 2025 Evaluate

Kajaria Ceramics has received approval for investment in Kajaria Adhesive (KAPL) upto Rs 16 crore, in one or more tranches, by way of subscribing/acquiring upto 75% shares of KAPL, to make KAPL as a subsidiary of the company and/or granting of loan to KAPL. The said transaction is expected to be completed in approximately 6 months. The Board of Directors of the company at their meeting held on February 4, 2025 have considered and approved the same.

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


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