
Corporate Action30 Apr 2026, 03:04 pm
Kajaria Ceramics: ₹6 Dividend, ₹296.7 Cr Buyback, 10 MSM Expansion
AI Summary
Kajaria Ceramics' Board of Directors approved the audited financial results for Q4 and FY26 with an unmodified opinion. The board recommended a final dividend of ₹6 per equity share for FY26. A share buyback of up to 21.50 Lacs equity shares, representing 1.35% of total paid-up capital, was approved at a price of ₹1380 per share, totaling ₹296.70 crores via a tender offer. Additionally, the company appointed M/s Ernst & Young LLP as internal auditors for FY26-27, approved a 10 MSM expansion of its Srikalahasti manufacturing facility, and sanctioned investments of ₹45 crores in Kerovit Global Private Limited and ₹50 crores in Kajaria Bathware Private Limited.
Key Highlights
- Board approved Q4/FY26 audited financial results.
- Recommended final dividend of ₹6 per equity share.
- Approved share buyback of 21.50 Lacs shares for ₹296.70 crores.
- Approved 10 MSM manufacturing capacity expansion.
- Approved ₹95 Cr total investment in subsidiaries.