StockWatch
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Ceramics
Board Meeting24 Oct 2026, 07:20 pm

Kajaria Ceramics Expands Capacity, Approves Interim Dividend

AI Summary

Kajaria Ceramics Ltd's Board of Directors approved several key business updates. This includes the expansion of manufacturing facilities at Srikalahasti (Andhra Pradesh) with a revised production capacity of 12.50 MSM tiles and an investment of ₹340 Crores, expected completion by June 2027. Additionally, the Gailpur (Rajasthan) facility will see a revised expansion with 11 MSM tiles capacity, requiring ₹180 Crores, expected completion by April 2027. A new tile adhesive manufacturing facility will be set up in Durgapur (West Bengal) with a capacity of 9000 MT per month, costing ₹34 Crores, expected by December 2027. The board also approved an interim dividend of ₹12 per equity share for FY2026-27, with a record date of October 29, 2026. Unaudited financial results for the quarter/half year ended September 30, 2026, were also approved.

Key Highlights

  • Board approves expansion of Srikalahasti facility to 12.50 MSM tiles for ₹340 Cr.
  • Revised expansion for Gailpur facility to 11 MSM tiles approved, costing ₹180 Cr.
  • New tile adhesive plant in Durgapur approved, capacity 9000 MT/month for ₹34 Cr.
  • Interim dividend of ₹12 per share declared for FY2026-27.
  • Unaudited financial results for Q2/H1 FY2026-27 approved.