Acquisitions18 Feb 2026, 06:02 pm
Kajaria Ceramics Acquires 25% Stake in Kajaria Adhesive, Making it a Wholly-Owned Subsidiary
AI Summary
Kajaria Ceramics Ltd has acquired 2,500 (i.e. 25%) equity shares of Kajaria Adhesive Private Limited (KAPL), making KAPL a wholly-owned subsidiary of the company. The acquisition was made on February 18, 2026, from Mr. Kartik Kajaria, a member of the Promoter Group. KAPL is under process to set up a manufacturing facility in Erode (Tamil Nadu) to commence manufacturing of adhesives for tiles.
Key Highlights
- Kajaria Ceramics acquires 25% stake in Kajaria Adhesive Private Limited
- Kajaria Adhesive Private Limited becomes a wholly-owned subsidiary of Kajaria Ceramics
- The acquisition was made from Mr. Kartik Kajaria, a member of the Promoter Group
- Kajaria Adhesive is setting up a manufacturing facility in Erode, Tamil Nadu
- The acquisition was made at an arm's length basis