Kajaria Ceramics has received approval to increase the limit of investment in its subsidiary -- Kajaria Adhesive (KAPL) from Rs 16 crore to Rs 23 crore, by way of subscribing/acquiring shares of KAPL and/or granting of loan to KAPL. Further, the company received approval to provide financial assistance of Rs 6 crore towards working capital requirements of KAPL. The Board of Directors of the company in their meeting held on September 29, 2025 have approved the same.
Earlier, the company has also taken prior approval from the Audit Committee of the company. KAPL is under process to set up a manufacturing facility in Erode (Tamil Nadu) to commence manufacturing of adhesives for tiles.
Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.