Kajaria Ceramics Extinguishes 21,50,000 Equity Shares Post Buyback Completion
Kajaria Ceramics Limited announced the successful extinguishment of 21,50,000 equity shares following a dedicated buyback offer. The company shared details regarding the reconciliation of its share capital subsequent to the transaction, which concluded after a tendering period spanning from July 3, 2026, to July 9, 2026.The action was taken in accordance with established procedures governing security buybacks, confirming that 21,50,000 equity shares of Re. 1/- each were extinguished by the company. This extinguishment process involved both dematerialized and physical share retirement.
Share Capital Reconciliation Post Extinguishment
The buyback led to a material change in the company's paid-up equity share capital. The pre-buyback capitalization details, along with the subsequent post-extinguishment figures, are as follows:| Particulars | No. of Equity Shares | Equity Share Capital |
|---|---|---|
| Paid up equity share capital (prior to the Buyback) | 15,92,93,050 | 15,92,93,050 |
| Less: Total Equity Shares extinguished | 21,50,000 | 21,50,000 |
| Less: Total Equity Shares (Physical) Extinguished | Nil | Nil |
| Paid-up share capital (post extinguishment) | 15,71,43,050 | 15,71,43,050 |
Shareholding Pattern Update
The completion of the buyback also altered the company's equity structure. The total number of shares outstanding post-extinguishment is reported as 15,71,43,050.A detailed look at the shareholding pattern before and after the buyback shows significant movement in investor categories:
| Particulars | Pre Buyback (No. of Equity Shares) | Pre Buyback (% of total Equity Shares) | Post Buyback (No. of Equity Shares) | Post Buyback (% of total Equity Shares) |
|---|---|---|---|---|
| Promoter and Members of the Promoter Group, and persons acting in concert | 7,59,55,231 | 47.69 | 7,59,55,231 | 48.34 |
| Foreign Investors (including Non-Resident Indians / FIIs/ Foreign Mutual Funds) | 1,94,89,267 | 12.24 | 8,11,87,819 | 51.66 |
| Financial Institutions/Banks/Bank s & Mutual Funds/Institutions | 4,17,98,711 | 26.24 | 8,11,87,819 | 51.66 |
| Others (Public, Bodies corporate, etc.) | 2,20,29,081 | 13.83 | 8,11,87,819 | 51.66 |
| TOTAL | 15,92,72,290 | 100.00 | 15,71,43,050 | 100.00 |
The extinguishment of the 21,50,000 equity shares was completed in compliance with relevant regulations and the company's Articles of Association.
KAJARIACER Stock Price Movement
Kajaria Ceramics Limited shares slipped by 0.36% in trading today, settling at ₹1229.6 after the close. The stock registered a traded volume of 304,451 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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