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 announced a major leadership reshuffle at its September 29, 2025 board meeting. Founder Mr. Ashok Kajaria (age 78) has stepped back from his role as Chairman & Managing Director and has been re-designated as Chairman (whole-time executive director) for 5 years. His sons, Mr. Chetan Kajaria and Mr. Rishi Kajaria, both previously Joint Managing Directors, have been elevated — Chetan as Vice Chairman and Rishi as Managing Director — each for a 5-year term starting October 1, 2025. All three appointments are subject to shareholder approval. Separately, the Board approved increasing the investment limit in its subsidiary Kajaria Adhesive Private Limited (KAPL) from Rs. 16 crore to Rs. 23 crore, plus an additional Rs. 6 crore as working capital support. KAPL, incorporated in January 2024, is setting up a tile adhesive manufacturing facility in Erode, Tamil Nadu, expected in 6-9 months.
This is a clear succession plan that consolidates the promoter family's grip on top management, with the founder easing into a Chairman role while his two sons take over day-to-day executive leadership — generally viewed as a stability signal for shareholders. The additional Rs. 7 crore commitment into the new adhesives subsidiary signals management's confidence in expanding beyond core tiles, though KAPL is still pre-revenue with a small Rs. 7.31 lakh loss.