Kajaria Ceramics Limited (KAJARIACER) — Buyback / Redemption

📢 Key Event
Kajaria Ceramics launches buyback of up to 2.15 million shares at ₹1,380 per share.

🔄 What Changed
Buyback size of 2.15 million shares at ₹1,380 per share with ₹296.70 crore consideration.

🔮 What's Next
Buyback to be conducted via tender offer on BSE, subject to SEBI, ROC, and RBI approvals.

💡 Investor Takeaway
The buyback aims to return surplus cash to shareholders and enhance value, with a 15% allocation reserved for small investors.

Kajaria Ceramics Limited announced a buyback of up to 2.15 million shares at ₹1,380 per share, totaling ₹296.70 crores, targeting eligible shareholders as of June 29, 2026. The tender offer opens on July 3 and closes on July 9, 2026, with acceptance processed through BSE. Funds will be sourced from free reserves, and the buyback complies with SEBI and Companies Act regulations. Post-buyback, promoter holding may rise to 48.34% while public holding falls to 51.66%. The offer includes a 15% reservation for small shareholders, with acceptance based on proportional allocation and rounding rules. The Board has approved the initiative, and regulatory approvals from SEBI, ROC, and RBI are pending.

📄 View Original Announcement (PDF)

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