Kajaria Ceramics has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited…
Kajaria Ceramics (KAJARIACER) said it has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited ('KGPL'), step-down wholly-owned subsidiary. The company is valued at about ₹17,319 crore.
What happened
In a filing with the BSE on 29 October 2026 at 06:13 PM, Kajaria Ceramics (KAJARIACER) said that it has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited ('KGPL'), step-down wholly-owned subsidiary.
Company snapshot
Kajaria Ceramics is a small-cap company in the Consumer Durables sector, with a market value of about ₹17,319 crore.
The stock last traded at ₹1,102.1, against a 52-week range of ₹869.6–₹1,275 (13.6% below the high).
Before this filing the shares had moved −8.4% over the month and −7.7% over three months. Average daily turnover over the last 20 sessions was about ₹77.43 crore.
Promoters held 46.74% at the end of Q2 FY27, down 0.95% points from the previous quarter. Foreign institutions owned 12.04% and domestic institutions 26.09%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,186 | 133 | 8.35 |
| Q3 FY26 | 1,168 | 87.7 | 5.51 |
| Q4 FY26 | 1,373 | 155.8 | 9.78 |
| Q1 FY27 | 1,328 | 169.5 | 10.64 |
| Q2 FY27 | 1,468 | 189.5 | 12.02 |
What history shows
BCEIE's records show 3 previous m&a filings from the company since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was up 2.3% on average after five days (3 filings with price data).
Across 36 similar disclosures by other Consumer Durables companies, shares moved +0.3% on average the next day and +1.7% over five days; 50% of them rose the next day.
Market-wide, 2,174 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Oct 2026 | Clarification on media reports regarding potential acquisition | −4.0% | — |
| 6 Aug 2026 | Pursuant to the provisions of the Listing Regulations and in… | +0.8% | +6.6% |
| 31 Jul 2026 | M&A | +1.9% | −2.1% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 29 October 2026: Interim Dividend - Rs 12 Per Share.
In the news
Recent coverage elsewhere (links open the original publisher):
- Kajaria Ceramics Ltd (BOM:500233) (Q2 2027) Earnings Call Highlights: 24% Revenue Surge, Margin ...
- Kajaria Ceramics Limited Estimates – NSE:KAJARIACER
- Earnings call transcript: Kajaria Ceramics posts Q2 2026 beat on sales, profit By Investing.com
- Kajaria Ceramics denies plan to acquire Asian Granito India
- Kajaria Ceramics Q2FY27 Results: Consolidated net profit rises 43% YoY
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.