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Kajaria Ceramics Ltd - Kajaria Ceramics Limited - Updates |
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(10 Apr 2024) |
Pursuant to the provisions of Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors of Kajaria Plywood Private Limited ( KPPL ), a wholly-owned subsidiary of the Company, has accorded their approval to make investment upto Rs. 35 crores in Shri Vinayak Ply Industries Private Limited ( SVPL), by way of subscribing/acquiring securities of SVPL and/or granting loan to SVPL, in tranches, subject to applicable laws. SVPL will become a subsidiary of KPPL, on completion of subscription/acquisition of securities of SVPL |
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