Kajaria Ceramics to acquire Asian Granito India Limited
Kajaria Ceramics (KAJARIACER) said it has agreed a deal to acquire Asian Granito India Limited. The company is valued at about ₹19,078 crore.
What happened
In a filing with the BSE on 21 October 2026 at 12:37 PM, Kajaria Ceramics (KAJARIACER) said that it has agreed a deal to acquire Asian Granito India Limited.
From the filing: "Re: Clarification on media reports regarding potential acquisition This is with reference to the recent media speculation and news reports regarding a potential acquisition of Asian Granito India Limited by Kajaria Ceramics Limited ('Company')."
Company snapshot
Kajaria Ceramics is a small-cap company in the Consumer Durables sector, with a market value of about ₹19,078 crore.
The stock last traded at ₹1,197.8, against a 52-week range of ₹869.6–₹1,275 (6.0% below the high).
Before this filing the shares had moved −0.7% over the month and −2.7% over three months. Average daily turnover over the last 20 sessions was about ₹66.05 crore.
Promoters held 47.69% at the end of Q1 FY27. Foreign institutions owned 11.58% and domestic institutions 26.25%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,103 | 109 | 6.84 |
| 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 |
What history shows
BCEIE's records show 2 previous m&a filings from the company since May 2026.
After those filings, the stock gained 1.4% on average the next trading day and was up 2.3% on average after five days (2 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, 2,117 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 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.
- 24 October 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- What Kajaria Ceramics Doubters Overlooked
- Is Kajaria Ceramics the Best Stock in Its Sector? A Look at the Numbers
- Kajaria Ceramics KAJARIACER Physical Share Transfer Notice 2026
- Kajaria Ceramics KAJARIACER Q2FY27 Conference Call October 2026
- Kajaria Ceramics dismisses media reports of acquiring Asian Granito India
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.