Kajaria Ceramics Share Price in Focus as Shareholders Approve Buyback of 21,50,000 Shares at ₹1,380 Per Share

Kajaria Ceramics Limited has announced the approval of a special resolution for the buyback of its equity shares. This decision was made following a postal ballot process, where the resolution received overwhelming support from the company's shareholders. 

Details of the Share Buyback 

The buyback involves up to 21,50,000 equity shares at a price of ₹1,380 per share. The process will be conducted on a proportionate basis through the "Tender Offer" route, in accordance with the Companies Act, 2013, and the SEBI regulations. The total amount for this buyback aggregates to ₹296.70 crores. 

The resolution was passed with 97.82% of votes in favour, as per the scrutinizer's report. A total of 1,27,83,122 valid votes were cast, with only 2.18% against the resolution. 

Voting and Shareholding Details 

The postal ballot voting process was conducted electronically from May 24, 2026, to June 22, 2026. The scrutinizer, Mr. Shashikant Tiwari from Chandrasekaran Associates, confirmed the results on June 23, 2026. The pre-buyback shareholding pattern showed promoters holding 47.69%, foreign investors 12.23%, financial institutions 26.02%, and others 14.06% of the shares. 

Read More: Bajaj Auto Share Price Gains 2% Ahead of June 24 Record Date for ₹5,633 Crore Buyback! 

Regulatory Compliance and Process 

The company adhered to all regulatory requirements, including the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice was dispatched electronically, and no physical ballots were sent, in line with the Ministry of Corporate Affairs' relaxation guidelines. 

Kajaria Ceramics Share Price Performance 

As of June 23, 2026, at 1:31 PM, Kajaria Ceramics share price on NSE was trading at ₹1,180.00, up by 1.22% from the previous closing price. 

Conclusion 

Kajaria Ceramics' buyback of up to 21,50,000 shares at ₹1,380 each was approved with 97.82% of votes in favour. The process, conducted via postal ballot, aligns with SEBI regulations and the Companies Act, 2013. 

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