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The Economic Times
The Economic Times
Debaroti Adhikary

Kajaria Ceramics share buyback worth Rs 297 crore opens on July 3: Entitlement ratio, other details to know

Kajaria Ceramics NSE

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.

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