Kajaria Ceramics Limited has fixed September 21, 2026, as the record date for determining entitlement to its final dividend of ₹6 per equity share for the financial year ended March 31, 2026. This announcement ensures that shareholders holding units on this specific date will be eligible to receive the payout, provided the dividend is formally declared at the company’s 40th Annual General Meeting (AGM). The move provides clarity on the timeline for distribution, with payments scheduled to be made on or before October 14, 2026.

The Board of Directors initially recommended the final dividend during their meeting held on April 30, 2026. The recommendation pertains to equity shares with a face value of Re. 1 each. In compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company notified the stock exchanges of the designated record date. The notice was issued on August 12, 2026, by Vinit Kumar, General Counsel & Company Secretary.

The 40th AGM is scheduled to take place on Tuesday, September 15, 2026, at 01:00 p.m. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in adherence to the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs, including Circular No. 03/2025 dated September 22, 2025. Shareholders are expected to approve the final dividend along with other agenda items during this virtual gathering.

Key Dates and Details

Eligibility for the dividend is determined by the Register of Members and the Register of Beneficial Owners maintained by the depositories as of the close of business on the record date. Investors who sell their shares after the record date will still receive the dividend, while those buying shares on or after the record date will not be entitled to this specific payout. The company will circulate the notice for the AGM along with the Annual Report for the financial year 2025-26 to all members in due course.

What This Means for Shareholders

The fixation of the record date marks a critical procedural step in the dividend distribution process. For investors, it establishes the cutoff point for ownership required to claim the ₹6 per share payout. The reliance on virtual means for the AGM reflects ongoing regulatory adaptations post-pandemic, allowing broader participation without physical presence. The final declaration remains contingent upon shareholder ratification at the AGM, but the prior board recommendation and subsequent record date fixation strongly indicate the likelihood of approval.

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.

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.

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.