Kajaria Ceramics Limited has announced the opening of its buyback offer on July 3, 2026, at a price of ₹1,380 per share. The offer, which aggregates to ₹296.70 crore for up to 21,50,000 equity shares, will close on July 9, 2026. The buyback aims to return surplus funds to shareholders and is being conducted through the tender offer route using the stock exchange mechanism. The record date to determine shareholder eligibility was fixed as June 29, 2026.

The Board of Directors initially approved the proposal on April 30, 2026, and shareholders approved the buyback via a special resolution through postal ballot on June 23, 2026. The buyback size represents 10.27% and 9.87% of the aggregate of the paid-up capital and free reserves as per the audited standalone and consolidated financial statements for the year ended March 31, 2026, respectively. The offer is open to all eligible shareholders except the Promoter and the Promoter Group, who have expressed their intention not to participate.

The Company has dispatched the Letter of Offer and Tender Form, dated June 30, 2026, through electronic means to eligible shareholders whose email IDs are registered with the Company or Depositories. Physical dispatch was made on July 1, 2026, for those without registered email IDs. Additionally, the Company published newspaper advertisements regarding the dispatch of the Letter of Offer in the Financial Express and Jansatta on July 2, 2026.

Key Details of the Buyback

Nuvama Wealth Management Limited has been appointed as the manager to the buyback and the registered broker, while MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) serves as the Registrar to the Buyback. The funds for the buyback will be sourced from the company's free reserves and internal accruals.

Schedule of Activities

The buyback entitlement ratio is approximately 16 equity shares for every 127 equity shares held for the reserved category of small shareholders, and 21 equity shares for every 928 equity shares held for the general category of eligible shareholders. The exact entitlement will be communicated to eligible shareholders along with the Letter of Offer.

Kajaria Ceramics has scheduled a physical investor meet on June 22-23, 2026, in Mumbai. The meeting will involve one-on-one interactions with institutional investors and funds, led by Mr. Ashok Kajaria, Chairman, and Mr. Sanjeev Agarwal, CFO. The company confirmed that no unpublished price sensitive information (UPSI) will be shared during the discussions.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule remains subject to change due to exigencies. The filing was submitted by Vinit Kumar, General Counsel & Company Secretary.

Key Details of the Investor Meet

The company emphasized that the interaction is strictly for informational purposes and will not involve the disclosure of any UPSI. The schedule may be adjusted if necessary.