Buyback23 Jun 2026, 12:51 pm
Kajaria Ceramics Buyback Resolution Passed by 97.82% Votes
AI Summary
Kajaria Ceramics Ltd announced that the special resolution for its proposed buyback of up to 21,50,000 equity shares at ₹1380 per share has been approved by shareholders. The resolution passed with an overwhelming 97.82% of valid votes in favor. The buyback will be conducted through the 'Tender Offer' route. The e-voting period concluded on June 22, 2026, with the scrutinizer's report confirming the resolution's passage.
Key Highlights
- Shareholders approved the buyback of up to 21.5 lakh shares.
- The buyback price is set at ₹1380 per equity share.
- The resolution received 97.82% of votes in favor.
- The buyback will be executed via the 'Tender Offer' route.
- The approval signifies strong shareholder confidence in the company's strategy.
Price Impact
More from KAJARIACER