Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Board of Directors ( Board ) of Kajaria Ceramics Limited ( the Company ) at their meeting held today, commenced at 11.35 a.m. and concluded at 12:05 p.m., have considered and approved, inter-alia, the followings:1. Appointment of Mr. Ashok Kajaria as the Chairman of the Company under the category of the whole-time director (executive director) for a period of 5 years w.e.f. October 1, 2025 to September 30, 2030. The said appointment of Mr. Ashok Kajaria will be subject to approval of the members of the Company. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-A.2. Appointment of Mr. Chetan Kajaria as the Vice Chairman of the Company under the category of the whole-time director (executive director) for a period of 5 years w.e.f. October 1, 2025 to September 30, 2030. The said appointment of Mr. Chetan Kajaria will be subject to approval of the members of the Company. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-B.3. Appointment of Mr. Rishi Kajaria as the Managing Director of the Company for a period of 5 years w.e.f. October 1, 2025 to September 30, 2030. The said appointment of Mr. Rishi Kajaria will be subject to approval of the members of the Company. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-C.4. Increase in the limit of investment in Kajaria Adhesive Private Limited, a subsidiary company ( KAPL ), from Rs. 16 Crores to Rs. 23 Crores, by way of subscribing/acquiring shares of KAPL and/or granting of loan to KAPL and also to provide financial assistance of Rs. 6 crores towards working capital requirements of KAPL. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-D.
KAJARIACER · price
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Kajaria Ceramics' board, at its meeting on September 29, 2025, approved the re-designation of three members of the promoter family in top leadership roles for a 5-year term starting October 1, 2025. Mr. Ashok Kajaria (78, founder) moves to Chairman as a whole-time director, while his sons Mr. Chetan Kajaria and Mr. Rishi Kajaria have been elevated to Vice Chairman and Managing Director respectively, from their earlier roles as Joint Managing Directors. All appointments are subject to shareholder approval. Separately, the board approved increasing the investment limit in subsidiary Kajaria Adhesive Private Limited (KAPL) from Rs. 16 crore to Rs. 23 crore, along with Rs. 6 crore in working capital support, to help set up an adhesives manufacturing unit in Erode, Tamil Nadu over the next 6-9 months.
A clear succession plan is now in place with the second generation (Chetan and Rishi) taking full operational charge while the founder remains as Chairman. The increased investment signals continued expansion into tile adhesives but is small relative to the parent's size, and KAPL currently has nil turnover with a Rs. 7.31 lakh loss.