Kajaria Ceramics denies acquisition of Asian Granito India

Deal cancelledStrategic Transactions 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

-1.5%Reaction day

₹1207.90

prior close

₹1195.90

announcement price

In-mkt

timing

Nifty Smallcap 250market-2.3%+0.8% vs market

Ceramics peers, median of 10sector-4.1%+2.6% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 2.6 pts more 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

Stock

-0.1

10m

-0.1

15m

+0.3

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-2.3+0.8-4.1+2.6

Next day

-4.2-3.3-0.8-4.4+0.2

-5.8-6.0+0.2-8.1+2.3

-7.3-5.0-2.3-3.5-3.8

-5.1-2.9-2.2-1.9-3.1

-7.7-2.6-5.1-2.8-4.9

-8.5pendingpending-3.1-5.4

15d

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UpDownMarket · Nifty Smallcap 250Sector · Ceramics peers, median of 10Pending

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

AI summary

Kajaria Ceramics has issued a clarification denying recent media reports about a potential acquisition of Asian Granito India Limited. The company stated it is not in any discussions, negotiations, or plans to acquire Asian Granito and called the reports speculative. It reaffirmed its focus on core strategic growth initiatives. The filing was made in response to market speculation.

Likely market impact

Denial puts an end to the speculated acquisition. Shareholders should not expect a deal with Asian Granito; both stocks may see sentiment impact from the clarification.