Kajaria Ceramics Announces Buyback of 21.5 Lakh Shares

Kajaria Ceramics Limited has announced a buyback of up to 21,50,000 equity shares, representing approximately 0.66% of its total paid-up equity share capital. The buyback will be conducted through the tender offer route at a price of ₹1380 per share, for an aggregate amount not exceeding ₹296.70 Crores. This move, approved by the Board of Directors and shareholders via special resolution, is in accordance with SEBI Buyback Regulations, 2018. The company has published a public announcement in leading newspapers and will make the details available on its website and stock exchange platforms.