Kajaria Ceramics Ltd
Kajaria Ceramics Acquires Full Ownership of Adhesive Subsidiary 🏭
• Kajaria Ceramics acquired remaining 25% stake in KAPL on February 18, 2026, making it a wholly-owned subsidiary
• KAPL is setting up a manufacturing facility in Erode, Tamil Nadu for producing adhesives for tiles
• As of March 31, 2025, KAPL reported no turnover and a loss after tax of Rs. 0.07 crore
• The acquisition was completed for a cash consideration of Rs. 25,000
• KAPL was incorporated on January 31, 2024