Kajaria Ceramics Acquires Remaining CCPS of Kajaria Bathware for ₹50 Cr

Kajaria Ceramics Ltd has acquired the remaining 44,11,764 Compulsorily Convertible Preference Shares (CCPS) of its wholly-owned subsidiary, Kajaria Bathware Private Limited (KBPL), for ₹50 Crores. This acquisition, completed on August 6, 2026, from Aravali Investment Holdings, results in Kajaria Ceramics holding 100% of both equity shares and CCPS of KBPL. KBPL, involved in manufacturing bathware products, reported a turnover of ₹413.64 Crores and a net loss of ₹28.49 Crores for the fiscal year ending March 31, 2026. The acquisition fulfills exit obligations as per the Shareholders' Agreement and consolidates full ownership of the subsidiary.