KAJARIA CERAMICS LTD. - 500233 - Board Meeting Outcome for Outcome Of The Board Meeting And Announcements Pursuant To The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations')
Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations'), we wish to inform you that the Board of Directors ('the Board') of Kajaria Ceramics Limited ('the Company') at its meeting held today, have, inter-alia, approved: To make investments upto Rs. 125 crores (i.e. 50% of project cost of Rs. 250 crores) in a company to be incorporated in Nepal, by way of equity and/or loan, for establishing a manufacturing facility in Nepal on joint venture basis between the Company and various individuals affiliated with Ramesh Corp, Nepal.03-10-2022