Kajaria Ceramics Limited has filed the Letter of Offer for a buyback of up to 21,50,000 equity shares of face value Rs 1/- each at Rs 1,380 per share, for an aggregate maximum amount of Rs 296.70 crore. The buyback represents 1.35% of the total paid-up equity share capital as on April 30, 2026.
The buyback opens on Friday, July 3, 2026 and closes on Thursday, July 9, 2026. The Record Date for the buyback was June 29, 2026. The last date for completion of settlement of bids on the stock exchanges is July 16, 2026.
Small Shareholders in the reserved category are entitled to 16 equity shares for every 127 shares held on the Record Date, translating to an actual entitlement of 12.60%. All other eligible shareholders in the general category are entitled to 21 equity shares for every 928 shares held, representing an entitlement of 2.26%.
The buyback size represents 10.27% and 9.87% of the aggregate of paid-up capital and free reserves as per the audited standalone and consolidated financial statements for the year ended March 31, 2026, respectively. The buyback is being undertaken through the tender offer route using the stock exchange mechanism.
The last date for receipt of completed tender forms and other specified documents by the Registrar to the Buyback is July 9, 2026 by 5:00 PM IST. Nuvama Wealth Management Limited is the Manager to the Buyback, and MUFG Intime India Private Limited is the Registrar to the Buyback.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.