Kajaria Ceramics’ Board has approved the acquisition of Kajaria Adhesive Private Limited (KAPL) and Kajaria Surfaces Private Limited, making them wholly-owned subsidiaries. Mr. Ram Chandra Rawat will retire as COO & Company Secretary, with Mr. Vinit Kumar appointed as Company Secretary. These changes and acquisitions aim to streamline operations and enhance Kajaria’s market position in the tile industry.
Wholly-Owned Subsidiary Acquisitions
Kajaria Ceramics will acquire 2,500 equity shares of Kajaria Adhesive Private Limited (KAPL) for up to ₹25,000. This acquisition will make KAPL a wholly-owned subsidiary of Kajaria Ceramics. This deal is expected to be completed in approximately one month.
The company will also acquire 9,50,000 equity shares of Kajaria Surfaces Private Limited (Kajaria Surfaces) for up to ₹1.20 crores, also making it a wholly-owned subsidiary. This acquisition is expected to be completed within approximately three months.
Leadership Transition
Mr. Ram Chandra Rawat will retire from his roles as COO (A&T) and Company Secretary on March 31, 2026. He will also cease to be the Compliance Officer, Key Managerial Personnel, and Senior Management on the same date. The board approved these changes during its meeting held on January 30, 2026.
Mr. Vinit Kumar has been appointed as the Company Secretary and designated as the General Counsel & Company Secretary, effective April 1, 2026. He will also become the Compliance Officer, Key Managerial Personnel, and Senior Management on this date.
Operating Committee Reconstitution
The Operating Committee, authorized to determine materiality and disclosures, has been reconstituted as follows:
- Mr. Ashok Kajaria: Chairman
- Mr. Chetan Kajaria: Vice Chairman
- Mr. Rishi Kajaria: Managing Director
- Mr. Sanjeev Agarwal: Chief Financial Officer
- Mr. Ram Chandra Rawat: COO (A&T) & Company Secretary (until March 31, 2026)
- Mr. Vinit Kumar: To take the place of Mr. Ram Chandra Rawat with effect from April 1, 2026.
Source: BSE
