Board Meeting30 Apr 2026, 03:14 pm
Kajaria Board Recommends ₹6 Dividend, Approves ₹296.70 Cr Buyback & Q4 Results
AI Summary
Kajaria Ceramics Ltd's Board of Directors approved its audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion. The Board recommended a final dividend of ₹6 per equity share for FY26. Additionally, a share buyback of up to 21.50 Lacs equity shares, representing 1.35% of total paid-up capital, was approved at ₹1380 per share, totaling ₹296.70 crores. Strategic approvals include a 10 MSM expansion at the Srikalahasti facility, a ₹45 crore investment in Kerovit Global Private Limited, and a ₹50 crore acquisition in Kajaria Bathware Private Limited. Ernst & Young LLP was appointed as internal auditors for FY2026-27.
Key Highlights
- Board recommended a final dividend of ₹6 per equity share for FY26.
- Approved a share buyback of up to ₹296.70 crores via tender offer.
- Audited financial results for Q4 and FY2026 were approved.
- Sanctioned 10 MSM expansion at Srikalahasti manufacturing facility.
- Approved ₹95 crores in strategic investments and acquisitions.