Kajaria Ceramics Limited (KAJARIACER) — Voting Results

1 Voting Results 🟡 Notable Neutral 📄 PDF

📢 Key Event
Special Resolution for buyback of up to 21.5 lakh shares at ₹1,380 per share passed with 97.82% approval.

🔄 What Changed
97.82% approval rate for buyback resolution; ₹296.70 crores allocated for buyback; compliance with SEBI and Companies Act regulations confirmed.

🔮 What's Next
The company will proceed with the tender offer to buy back shares proportionately, subject to regulatory requirements and completion of formalities.

💡 Investor Takeaway
Shareholders approved a buyback that returns capital efficiently at a premium, signaling confidence in the company's financial position and offering investors an exit opportunity at ₹1,380 per share.

Kajaria Ceramics Limited announced that its Special Resolution to buy back up to 21.5 lakh equity shares at ₹1,380 per share was passed via postal ballot with 97.82% approval, amounting to ₹296.70 crores. The buyback complies with SEBI and Companies Act regulations, and the company will proceed with the tender offer following regulatory requirements.

2 Voting Results 🟡 Notable Neutral 📄 PDF

📢 Key Event
Special Resolution for buyback of up to 21.50 lakh shares at ₹1380 per share passed with 97.82% approval

🔄 What Changed
97.82% approval meets statutory 75% threshold; 125.05 million votes in favor versus 2.78 million against

🔮 What's Next
Buyback to be executed through tender offer route in compliance with Companies Act, 2013 and SEBI (Buy-back) Regulations, 2018

💡 Investor Takeaway
Shareholders approved the buyback, enabling the company to repurchase shares at ₹1380 each within regulatory limits

Kajaria Ceramics Limited announced that its Special Resolution to buy back up to 21.50 lakh equity shares at ₹1380 per share via a tender offer was passed with 97.82% approval in a postal ballot, as confirmed by the Scrutinizer's report dated June 23, 2026. The resolution received 125.05 million votes in favor against 2.78 million against, meeting the 75% threshold required under the Companies Act, 2013. The buyback represents 1.35% of the existing paid-up capital and will be executed in compliance with SEBI regulations and the Companies (Buyback) Regulations, 2018.

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