
Kajaria Ceramics has announced a share buyback plan, offering to repurchase up to 21.50 lakh equity shares at a price of ₹1,380 per share.
This move represents 1.35% of the company's existing paid-up equity share capital.
The company has approved a buyback of up to 21.50 lakh equity shares, which constitutes 1.35% of its total paid-up equity share capital.
The buyback price is set at ₹1,380 per share, amounting to a total of ₹296.70 crore. This buyback will be conducted via a tender offer, allowing shareholders to sell their shares back to the company at the specified price.
The buyback is part of Kajaria Ceramics' strategy to return value to its shareholders. By reducing the number of shares in circulation, the company aims to enhance the value of the remaining shares.
The total financial outlay for this buyback will be ₹296.70 crore. This move is expected to have a positive impact on the company's earnings per share (EPS) by reducing the number of shares outstanding.
The actual number of shares bought back will be determined upon the completion of the buyback process.
Read More: IDBI Bank Share Price in Focus on Q4 FY26 Earnings Results: Total Income up 4.7% YoY!
Shareholders of Kajaria Ceramics will have the opportunity to participate in this buyback through the tender offer.
This provides an exit route for investors looking to capitalise on the buyback price, which is typically higher than the current market price.
As of April 30, 2026, at 3:30 PM, Kajaria Ceramics share price on NSE was closed at ₹1,187.65 down by 3.30% from the previous closing price.
Kajaria Ceramics' decision to buy back up to 21.50 lakh shares at ₹1,380 each highlights its commitment to enhancing shareholder value. The buyback will reduce the total number of shares, potentially increasing the value of remaining shares.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 1, 2026, 11:19 AM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
