Kajaria Ceramics acquires subsidiaries and announces management changes
after close1 source ↓written by the desknot a recommendation
- and 9
- ₹25,000
- Kajaria Surfaces
- ₹1.20 cr
Kajaria Ceramics' Board approved the acquisition of Kajaria Adhesive and Kajaria Surfaces as wholly-owned subsidiaries. The company will buy 2,500 shares of KAPL for up to ₹25,000 and 9,50,000 shares of Kajaria Surfaces for ₹1.20 cr. Leadership changes include Mr. Vinit Kumar as Company Secretary, following Mr. Ram Chandra Rawat's retirement. These moves aim to enhance operational efficiency and market position.
Not investment advice. For informational purposes only.