Kajaria Ceramics acquires full KBPL stake for ₹50 crore

1 min read     Updated on 06 Aug 2026, 09:13 PM
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AI Summary

Kajaria Ceramics Limited acquired 44,11,764 CCPS of subsidiary Kajaria Bathware Private Limited from Aravali Investment Holdings for ₹50 crore on August 6, 2026. This move completes the buyout of the minority stake held since 2018 under a Shareholders’ Agreement. Post-acquisition, Kajaria Ceramics holds 100% equity and CCPS in KBPL, which reported a turnover of ₹413.64 crore in FY26.

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Kajaria Ceramics Limited has completed the acquisition of 44,11,764 Compulsorily Convertible Preference Shares (CCPS) of its wholly-owned subsidiary, Kajaria Bathware Private Limited (KBPL), from Aravali Investment Holdings. The deal, valued at ₹50 crore, was finalized on August 6, 2026, marking the exit of Aravali as a shareholder and consolidating Kajaria Ceramics' control over its bathware manufacturing arm.

The acquisition was disclosed to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vinit Kumar, General Counsel & Company Secretary of Kajaria Ceramics, confirmed that the company now holds all equity shares and CCPS of KBPL. The transaction does not constitute a related-party transaction.

Transaction Details

Aravali Investment Holdings, a Mauritius-based wholly-owned subsidiary of WestBridge Crossover Fund, LLC, had originally invested ₹64.50 crore in KBPL in June 2018 by subscribing to the same number of CCPS. Under the Shareholders’ Agreement (SHA) executed on June 4, 2018, Aravali was entitled to an exit option via either the listing of KBPL’s equity shares or the purchase of the CCPS by Kajaria Ceramics. With this buyout, the SHA has ceased to have effect.

Particulars Details
Target Entity Kajaria Bathware Private Limited (KBPL)
Instrument Acquired 44,11,764 CCPS of ₹10 each
Seller Aravali Investment Holdings
Consideration ₹50 crore (Cash)
Date of Acquisition August 6, 2026
Post-Deal Holding 100% Equity and 100% CCPS

Financial Profile of KBPL

Kajaria Bathware Private Limited, incorporated on May 22, 2013, operates exclusively in India, manufacturing bathware products. The subsidiary has shown consistent revenue growth over the last three fiscal years, although it reported a net loss in FY26.

Metric FY23-24 FY24-25 FY25-26
Turnover (Consolidated) ₹363.47 crore ₹386.20 crore ₹413.64 crore
Profit/(Loss) After Tax Not Disclosed Not Disclosed ₹(28.49) crore

No governmental or regulatory approvals were required for this acquisition. The transaction represents a strategic consolidation, allowing Kajaria Ceramics to fully integrate the financial and operational performance of its bathware segment without minority shareholder obligations.

Historical Stock Returns for Kajaria Ceramics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-2.84%-3.30%+27.91%-0.98%+15.58%

How will the full consolidation of KBPL impact Kajaria Ceramics' consolidated EBITDA margins given the subsidiary's reported net loss in FY26?

Does Kajaria Ceramics plan to leverage its 100% ownership of KBPL to accelerate vertical integration or expand its product portfolio beyond current bathware offerings?

What specific operational synergies or cost-saving measures does management intend to implement in the bathware segment now that minority shareholder obligations have been removed?

Kajaria Ceramics to attend Nuvama India Conference 2026 in Singapore

1 min read     Updated on 05 Aug 2026, 02:41 PM
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Kajaria Ceramics Limited announced that Vice Chairman Chetan Kajaria and CFO Sanjeev Agarwal will attend the Nuvama India Conference 2026 in Singapore on August 11-12, 2026. The disclosure, filed under Regulation 30 of SEBI LODR Regulations, confirms participation in one-on-one and group meetings organized by Nuvama Wealth Management Limited. The company assured that no Unpublished Price Sensitive Information (UPSI) would be shared during the event.

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Kajaria Ceramics management will attend the Nuvama India Conference 2026 in Singapore on August 11-12, 2026, providing investors with an opportunity to engage directly with company leadership. Vice Chairman Chetan Kajaria and Chief Financial Officer Sanjeev Agarwal are scheduled to participate in both one-on-one and group meetings under the theme "India: Shoring up Self-Reliance." This engagement allows stakeholders to discuss the company's strategic direction and operational performance without the disclosure of any Unpublished Price Sensitive Information (UPSI).

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted to the National Stock Exchange of India Limited and BSE Limited on August 5, 2026. Vinit Kumar, General Counsel & Company Secretary, signed the filing, confirming the schedule is subject to change due to exigencies.

Conference Details

The event is organized by Nuvama Wealth Management Limited and focuses on the Indian market's growth trajectory. The specific details of the engagement are outlined below:

Date Conference Details Venue Type of Meeting
August 11-12, 2026 Nuvama India Conference 2026 (SG Edition) Singapore One-on-One / Group

Key Participants

The following executives from Kajaria Ceramics Limited are confirmed to attend:

  • Chetan Kajaria, Vice Chairman
  • Sanjeev Agarwal, Chief Financial Officer

Compliance and Disclosure

The company explicitly stated that no Unpublished Price Sensitive Information (UPSI) will be shared during the said meeting. This ensures compliance with regulatory standards regarding insider trading and market fairness. The schedule remains subject to change based on operational exigencies.

What the Numbers Show

While no financial data was disclosed in this filing, the decision to host a dedicated "SG Edition" of the conference in Singapore highlights the company's focus on international investor relations. Engaging with global capital through one-on-one meetings suggests a strategic effort to broaden its investor base beyond domestic markets, aligning with the conference theme of self-reliance and international expansion.

Historical Stock Returns for Kajaria Ceramics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-2.84%-3.30%+27.91%-0.98%+15.58%

How might Kajaria Ceramics' engagement with international investors in Singapore influence its future capital raising strategies or foreign institutional investor (FII) holdings?

What specific aspects of 'self-reliance' and operational efficiency is Vice Chairman Chetan Kajaria likely to emphasize to align with the conference theme?

Could this international outreach signal potential plans for overseas expansion or strategic partnerships in global ceramic markets?

More News on Kajaria Ceramics

1 Year Returns:-0.98%