The board of Kajaria Ceramics had granted approval for a buyback of 2150000 equity shares, with a combined value of up to Rs. 296.7 crores, priced at Rs. 1380 per share & the Current Price of the share is Rs.1197.10 . The process, timelines and other requisite details of the Buyback will be set out in the public announcement and the letter of offer will be issued after two working days of the record date which is 29 June 2026.
The detailed announcement by the company can be found here.
Note that, in accordance with Regulation 5 (via) of the Buyback Regulations, Kajaria Ceramics may (till one working day prior to the record date) increase the maximum Buyback price and decrease the number of securities proposed for buyback such that there is no change in the Buyback size.
You can participate in the buyback if you have holdings of Kajaria Ceramics as on the record date which is 29 June 2026. In case you are not an existing shareholder and still want to participate in the buyback, make sure to purchase the shares of Kajaria Ceramics before 29 June 2026 to be eligible for buyback.
The timelines and schedule of the buyback will be announced by Kajaria Ceramics in the letter of offer, which is published usually two business days after the record date. Stay tuned! we will be sharing the updates on this thread.
What do you think about this Buyback? Feel free to use this thread to discuss.