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.