Kajaria Ceramics Ltd subscribes to ₹45 crore of preference shares in step-down subsidiary KGPL
- Subscribed in cash to 4.5 crore 0.25% non-convertible redeemable preference shares, redeemable after 10 years.
- The related-party transaction was approved by the Audit Committee and stated to be at arm’s length; proceeds are intended to improve KGPL’s debt-equity ratio.
- Kajaria now holds 100% of KGPL’s preference shares; KGPL remains a step-down wholly owned subsidiary.
- KGPL reported FY26 turnover of ₹36.11 crore and a loss after tax of ₹31.65 crore.