Buyback1 Jul 2026, 11:48 am
Kajaria Ceramics Launches ₹296.7 Cr Equity Share Buyback
AI Summary
Kajaria Ceramics Ltd has submitted its Letter of Offer for a buyback of up to 21,50,000 equity shares, representing 1.35% of its total paid-up capital. The buyback will be conducted via a tender offer at a price of ₹1,380 per share, for an aggregate amount not exceeding ₹296.70 crores. The buyback is in accordance with SEBI regulations and the Companies Act. The record date for the buyback is June 29, 2026, with the buyback opening on July 3, 2026, and closing on July 9, 2026. The Letter of Offer is available on the company's website.
Key Highlights
- Kajaria Ceramics announces buyback of 21.5 lakh equity shares.
- Buyback price set at ₹1,380 per share.
- Total buyback value capped at ₹296.70 crores.
- Tender offer route via stock exchange mechanism.
- Buyback period: July 3 to July 9, 2026.
Price Impact
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