StockWatch
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Ceramics
Dividend24 Oct 2026, 07:10 pm

Kajaria Ceramics Approves Interim Dividend of ₹12/Share

AI Summary

Kajaria Ceramics Ltd's Board of Directors has approved an interim dividend of ₹12 per equity share for the financial year 2026-27. The record date for this dividend is October 29, 2026, with payments expected by November 22, 2026. The board also approved unaudited financial results for the quarter/half-year ended September 30, 2026. Additionally, the company greenlit significant expansion plans, including increasing production capacity at its Srikalahasti (Andhra Pradesh) plant by 12.50 MSM tiles (estimated ₹340 Crores investment, completion by June 2027) and at its Gailpur (Rajasthan) plant by 11 MSM tiles (estimated ₹180 Crores investment, completion by April 2027). A new manufacturing facility for tile adhesive in Durgapur (West Bengal) with a capacity of 9000 MT per month was also approved, requiring an estimated ₹34 Crores investment and expected to be operational by December 2027.

Key Highlights

  • Board approved interim dividend of ₹12 per equity share for FY 2026-27.
  • Record date set for October 29, 2026; payment by November 22, 2026.
  • Approved unaudited financial results for the quarter/half-year ended September 30, 2026.
  • Significant expansion plans for Srikalahasti and Gailpur plants approved.
  • New tile adhesive manufacturing facility to be set up in Durgapur, West Bengal.