Synopsis

Kajaria Ceramics has announced its share buyback offer, valued at up to Rs 297 crore, with the tender period opening on July 3 and closing on July 9. The company plans to repurchase approximately 1.35% of its stake at Rs 1,380 per share, a significant premium to its recent trading price. Shareholders are advised to check their entitlement ratios for participation.

Kajaria Ceramics on Wednesday shared the letter of offer for its buyback worth up to Rs 297 crore, announcing that the window to tender shares will open for eligible shareholders on July 3 and close on July 9.

The company plans to buy back up to 21.50 lakh shares, representing a 1.35% stake, via the tender route at a buyback price of Rs 1,380 apiece. This is more than 14% higher than the stock’s previous closing price of Rs 1,210.40 apiece.

Kajaria Ceramics buyback entitlement ratio

For shareholders falling under the general category, the buyback entitlement has been fixed at 21 equity shares for every 928 equity shares held on the record date, the company said in a regulatory filing.

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Kajaria Ceramics buyback important dates

The registrar will complete the verification of tendered shares by July 13. Thereafter, the final acceptance or rejection of shares tendered under the buyback will be communicated to the stock exchanges by July 15. The unaccepted shares in the buyback will be returned by July 16.

Kajaria Ceramics buyback eligibility

Eligible shareholders can tender shares through stock brokers registered with either the BSE or NSE during the buyback window. Participants are required to submit details of the number of shares they wish to offer through their respective brokers.

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Buyback of shares refers to a corporate action where a company repurchases its own shares from the existing shareholders. Usually, the company purchases the shares at a higher price than the current levels, encouraging investors to participate.

Kajaria Ceramics share price

The stock has jumped more than 25% in 2026 so far. In the longer term, the stock gained over 12% in one year but fell 4% in three years. The shares of the company have delivered 22% returns over five years.

Also Read | RBI buyback gets few bids despite cash crunch

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