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, 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.
KAJARIACER · price
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Kajaria Ceramics' board has approved a major leadership succession effective October 1, 2025. Founder Mr. Ashok Kajaria (78) steps back from his Managing Director role and is re-designated as Chairman (whole-time director), citing his wish to delegate major responsibilities. His two sons — Mr. Chetan Kajaria and Mr. Rishi Kajaria, both previously Joint Managing Directors — are elevated to Vice Chairman and Managing Director, respectively, each for a 5-year term ending September 30, 2030, subject to shareholder approval. Separately, the board increased the investment ceiling in subsidiary Kajaria Adhesive Private Limited (KAPL) from Rs. 16 crore to Rs. 23 crore, plus an additional Rs. 6 crore in working capital support. KAPL is setting up a tile adhesives manufacturing unit in Erode, Tamil Nadu, expected within 6-9 months.
A clear, orderly promoter-family succession signals continuity for shareholders. The re-designation of the founder as Chairman and elevation of the next generation to MD and Vice Chairman roles is broadly seen as governance-positive. The additional Rs. 9 crore infusion into the adhesives subsidiary points to expansion beyond core tiles, though KAPL is still a pre-revenue entity.