Kajaria Ceramics’ Board of Directors has approved the acquisition of Kajaria Adhesive Private Limited (KAPL) and Kajaria Surfaces Private Limited to become wholly-owned subsidiaries. Additionally, Mr. Ram Chandra Rawat will retire as COO and Company Secretary, with Mr. Vinit Kumar appointed as the new Company Secretary effective April 1, 2026. The board also reconstituted its Operating Committee.
Subsidiary Acquisitions Approved
The Board has given the green light to acquire 2,500 equity shares of Kajaria Adhesive Private Limited (KAPL) for up to Rs. 25,000. This will make KAPL a wholly-owned subsidiary of Kajaria Ceramics.
In addition, 9,50,000 equity shares of Kajaria Surfaces Private Limited will be acquired for a consideration of up to Rs. 1.20 crores, also establishing it as a wholly-owned subsidiary.
Leadership Changes
Mr. Ram Chandra Rawat will step down from his role as COO (A&T) & Company Secretary on March 31, 2026. Consequently, he will no longer be the Compliance Officer, Key Managerial Personnel, or Senior Management of the Company after this date.
Effective April 1, 2026, Mr. Vinit Kumar will take on the role of Company Secretary, designated as the General Counsel & Company Secretary. He will also become the Compliance Officer, Key Managerial Personnel, and Senior Management of the Company.
Operating Committee Reconstituted
The composition of the Operating Committee has been updated 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 will replace Mr. Ram Chandra Rawat on the committee effective April 1, 2026.
Source: BSE
