Kajaria Ceramics promoters confirm no share encumbrance in FY26

1 min read     Updated on 03 Jun 2026, 05:22 AM
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Kajaria Ceramics Limited disclosed that its Promoter and Promoter Group have not encumbered any shares directly or indirectly during the financial year 2025-26. The declaration, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, covers various family trusts and individual promoters. Signatories include trustees of family trusts and individual members such as Ashok Kumar Kajaria, Versha Devi Kajaria, and Chetan Kajaria.

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Kajaria Ceramics Limited has confirmed that its Promoter and Promoter Group, including persons acting in concert, have not encumbered any shares held by them during the financial year 2025-26. The disclosure, filed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, states that no direct or indirect encumbrance has been made as on date.

The declaration encompasses various family trusts and individual promoters associated with the company. Key entities include the Versha Kajaria Family Private Trust, Chetan Kajaria Family Private Trust, and Rishi Kajaria Family Private Trust. Individual promoters such as Ashok Kumar Kajaria, A.K. Kajaria (HUF), and Versha Devi Kajaria are also part of the confirmation.

Promoter Group Entities

The list of signatories confirming the absence of encumbrance includes multiple family members and trustees:

Entity Name Signatory / Role
Versha Kajaria Family Private Trust Ashok Kajaria, Director of VK Trustees Private Limited, Trustee
Chetan Kajaria Family Private Trust Versha Kajaria, Director of CK Trustees Private Limited, Trustee
Rishi Kajaria Family Private Trust Versha Kajaria, Director of RK Trustees Private Limited, Trustee
Ashok Kumar Kajaria Ashok Kumar Kajaria
A.K. Kajaria (HUF) A.K. Kajaria
Versha Devi Kajaria Versha Devi Kajaria
Chetan Kajaria Chetan Kajaria
Chetan Kajaria (HUF) Chetan Kajaria
Rishi Kajaria Rishi Kajaria
Rishi Kajaria (HUF) Rishi Kajaria
Rasika Kajaria Rasika Kajaria
Shikha Kajaria Shikha Kajaria
Kartik Kajaria Kartik Kajaria
Vedant Kajaria Vedant Kajaria
Raghav Kajaria Raghav Kajaria
Raghav Kajaria Family Private Trust Chetan Kajaria, Trustee
Parth Kajaria (UG- Rishi Kajaria) Parth Kajaria

The filing was signed and dated April 07, 2026, in New Delhi.

Historical Stock Returns for Kajaria Ceramics

1 Day5 Days1 Month6 Months1 Year5 Years
-1.81%+2.84%-7.70%+1.56%+3.89%+13.20%

Does this clean shareholding structure position Kajaria Ceramics for potential inorganic expansion or acquisitions in the near term?

How might the absence of promoter encumbrance influence institutional investor confidence and stock valuation in the upcoming fiscal year?

Are there any strategic capital allocation plans, such as increased dividends or buybacks, expected given the unencumbered promoter status?

Kajaria appoints Parag Goel as President Operations

1 min read     Updated on 26 May 2026, 05:57 AM
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Kajaria Ceramics Limited has appointed Mr. Parag Goel as President Operations – Gailpur Plant, effective May 26, 2026, succeeding Dr. Rajveer Choudhary who resigned as COO effective May 23, 2026, due to personal reasons. Mr. Goel brings over 30 years of experience from Hero MotoCorp, specializing in plant operations, automation, and sustainability. The appointment was based on the recommendation of the Nomination and Remuneration Committee and was disclosed to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Kajaria Ceramics Limited has announced a change in its senior management personnel at the Gailpur Plant. The Board of Directors has approved the appointment of Mr. Parag Goel as the Senior Management Personnel, designated as the President Operations – Gailpur Plant, effective from May 26, 2026. This appointment follows the resignation of Dr. Rajveer Choudhary, who ceased to hold the position of COO (Gailpur Plant) effective May 23, 2026. The company disclosed that Dr. Rajveer Choudhary resigned due to personal reasons as discussed with the Chairman of the Company.

Mr. Parag Goel brings over 30 years of experience, having previously served as the Head of the Neemrana Plant and Group Safety Head at Hero MotoCorp. His expertise spans plant operations, automation, Industry 4.0, and cost optimization. He has successfully led multiple greenfield and brownfield projects across India and Bangladesh, focusing on operational excellence and sustainability initiatives. Known for driving operational excellence, he has implemented Lean, TPM, Kaizen, and advanced technologies such as cobots and AGVs to build future-ready plants. He has also led sustainability initiatives focused on energy efficiency, water conservation, and carbon footprint reduction. A people-centric leader, he has built high-performing teams and promoted gender diversity on the shop floor.

Details of Appointment

The company disclosed the specifics of the appointment in a regulatory filing. The decision was taken based on the recommendation of the Nomination and Remuneration Committee.

Particulars Details
Reason for change Appointment as President Operations – Gailpur Plant
Date of appointment May 26, 2026
Term of appointment As per the Employment Terms of the Company
Brief profile BE in Mechanical from IET, Lucknow; Former Head of Neemrana Plant, Hero MotoCorp

The appointment is effective immediately as per the terms communicated to the stock exchanges. The company has informed BSE Limited and the National Stock Exchange of India Limited regarding this change in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Kajaria Ceramics

1 Day5 Days1 Month6 Months1 Year5 Years
-1.81%+2.84%-7.70%+1.56%+3.89%+13.20%

How will Mr. Goel's expertise in Industry 4.0 and automation influence the technological modernization of the Gailpur Plant?

What specific operational efficiency targets is Kajaria Ceramics expecting to achieve under the new leadership?

Will the sustainability initiatives implemented by Mr. Goel be scaled to other Kajaria manufacturing facilities?

More News on Kajaria Ceramics

1 Year Returns:+3.89%