Board approves Rs 297 cr buyback at Rs 1,380/share; 15.6% premium

Buyback Premium Above 10pctCorporate Actions View source PDF Explain this filing

KAJARIACER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.9%Reaction day

₹1228.05

prior close

₹1193.30

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-3.5% vs market

Ceramics peers, median of 9sector-0.8%-3.1% vs sector

On the reaction day the stock moved 3.5 pts less than Nifty Smallcap 250 and 3.1 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-3.9-0.4-3.5-0.8-3.1

Next day

-10.0+0.5-10.6+1.3-11.3

-13.3+0.7-14.0+0.6-13.9

-10.0+2.6-12.5+1.4-11.4

-10.5+3.6-14.1+0.4-11.0

-10.0+3.8-13.8+0.5-10.5

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15d

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-9.9+0.3-10.3-5.2-4.7

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-3.2+6.2-9.4-8.4+5.1

UpDownMarket · Nifty Smallcap 250Sector · Ceramics peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kajaria Ceramics board approved buyback of up to 21.5 lakh shares (1.35% of capital) at Rs 1,380/share for up to Rs 296.70 cr — a 15.57% premium over NSE close. Promoters won't participate. Final dividend of Rs 6/share recommended, taking FY26 total to Rs 14 (vs Rs 9 in FY25). FY26 standalone revenue rose to Rs 4,374 cr (vs Rs 4,219 cr); PAT was Rs 457 cr. Board also approved Rs 210 cr Srikalahasti plant expansion and subsidiary investments.

Likely market impact

Buyback at 15.6% premium signals confidence. Higher total dividend (Rs 14 vs Rs 9) rewards shareholders. Subject to shareholder approval.