Kajaria Ceramics extinguishes 21.50 lakh shares post buyback

Kajaria Ceramics has extinguished 21,50,000 fully paid-up equity shares of Re. 1 each, concluding its buyback offer that utilized an aggregate amount of ₹296.70 crore. The extinguishment, confirmed by National Securities Depository Limited on July 21, 2026, reduces the company's paid-up equity share capital from 15,92,93,050 shares to 15,71,43,050 shares. The buyback was funded out of the company's free reserves and was conducted via the tender offer route through the stock exchange mechanism.

The buyback offer opened on July 3, 2026, and closed on July 9, 2026. The Registrar to the Buyback, MUFG Intime India Private Limited, considered 50,878 valid bids for 2,83,23,929 equity shares, representing approximately 13.17 times the maximum number of shares proposed to be bought back. The settlement of valid bids was completed by the Indian Clearing Corporation Limited on July 16, 2026. The extinguishment process was finalized on July 21, 2026, in compliance with Regulation 11 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

Reconciliation of Share Capital

The reconciliation of the share capital pre and post-extinguishment details the reduction in equity shares. The total extinguished shares were in dematerialized form, with no physical shares tendered.

Particulars	No. of Equity Shares	Equity Share Capital
Paid up equity share capital (prior to the Buyback)	15,92,93,050*	15,92,93,050*
Less: Total Equity Shares (Demat) extinguished	21,50,000	21,50,000
Less: Total Equity Shares (Physical) Extinguished	Nil	Nil
Paid-up share capital (post extinguishment)	15,71,43,050	15,71,43,050

*Includes 20,760 Equity Shares allotted on June 27, 2026 pursuant to the Kajaria Employee Stock Option Scheme 2015.

Shareholding Pattern

The shareholding pattern post-buyback indicates a significant shift in ownership percentages. The promoter and promoter group holding increased to 48.34% from 47.69%, while the holding of Foreign Investors rose sharply to 51.66% from 12.24%.

Particulars	Pre Buyback Shareholding (%)	Post Buyback Shareholding (%)
Promoter and Members of the Promoter Group	47.69	48.34
Foreign Investors	12.24	51.66
Financial Institutions/Banks & Mutual Funds/Institutions	26.24	-
Others (Public, Bodies Corporate, etc.)	13.83	-

Chandrasekaran Associates, the Secretarial Auditors, and MUFG Intime India Private Limited certified that the extinguishment was in compliance with the SEBI Buyback Regulations. Nuvama Wealth Management Limited acted as the manager to the offer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.17%	+4.54%	+1.28%	+30.89%	-4.35%	+23.40%

A notable block trade was recorded on the BSE involving Kajaria Ceramics , with approximately 200000 shares transacted at a price of Rs 1240.00 per share. The total value of the block deal stood at Rs 24.80cr, reflecting significant institutional-level activity in the stock.

Block Trade Details

The following table summarises the key parameters of the block trade executed on the BSE:

Parameter:	Details
Exchange:	BSE
Number of Shares:	~200000
Trade Price:	Rs 1240.00
Total Trade Value:	Rs 24.80cr

Overview

Block trades are large-volume transactions typically executed between institutional buyers and sellers outside the regular market order book, often indicative of significant portfolio activity. The block deal in Kajaria Ceramics involved approximately 200000 shares changing hands at Rs 1240.00 apiece on the BSE, aggregating to a total consideration of Rs 24.80cr.