Quarterly Updates30 Apr 2026, 03:02 pm
Kajaria Ceramics Board Approves ₹296.7 Cr Buyback & ₹6 Dividend
AI Summary
Kajaria Ceramics' Board approved audited financial results for Q4 and FY26, recommending a final dividend of ₹6 per equity share. The Board also approved a buyback proposal for up to 21.50 Lacs equity shares (1.35% of total paid-up capital) at ₹1380 per share, totaling ₹296.70 crores, via a tender offer. Additionally, the company approved the expansion of its Srikalahasti manufacturing facility by 10 MSM, appointed Ernst & Young LLP as internal auditors, and sanctioned investments of ₹45 crores in Kerovit Global Private Limited and ₹50 crores in Kajaria Bathware Private Limited through preference share subscriptions/acquisitions.
Key Highlights
- Board approved audited Q4 and FY26 financial results.
- Recommended a final dividend of ₹6 per equity share for FY26.
- Approved a buyback of 21.50 Lacs shares at ₹1380/share, totaling ₹296.70 Cr.
- Sanctioned 10 MSM expansion of Srikalahasti manufacturing facility.
- Approved investments totaling ₹95 Cr in two subsidiaries.