Highlights

• Kajaria Ceramics has fixed June 29, 2026 as the buyback record date.
• The company has proposed a buyback price of Rs 1,380 per share.
• Shareholder approval is still required before the buyback can proceed.

Kajaria Ceramics Limited (NSE:KAJARIACER), a manufacturer and trader of ceramic and vitrified tiles, has announced June 29, 2026 as the record date for its proposed share buyback. The decision was approved by the company's Buyback Committee, which was authorized by the Board of Directors to undertake actions related to the proposed transaction.

The announcement follows the Board's approval of the buyback proposal on April 30, 2026. However, the buyback remains subject to approval from the company's shareholders.

Source: Analysis by Kalkine

Details of the Proposed Buyback

The company has proposed to buy back up to 21,50,000 fully paid-up equity shares with a face value of Re 1 each. The proposed buyback price has been fixed at Rs 1,380 per equity share and will be carried out through the tender offer route in accordance with applicable regulations.

According to the company, the record date will be used to determine the entitlement and eligibility of shareholders who may participate in the buyback process. Shareholders whose names appear in the company's records on June 29, 2026 will be eligible to tender shares, subject to the final terms of the offer and regulatory requirements.

Regulatory Framework Behind the Announcement

The company stated that the record date has been fixed in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 9(i) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018.

The filing was submitted to both BSE Limited and the National Stock Exchange of India, informing investors about the eligibility date ahead of the proposed buyback process.

Financial Performance in the March 2026 Quarter

For the quarter ended March 31, 2026, Kajaria Ceramics reported consolidated total income of Rs 1,38,584 lakh. Consolidated profit before tax stood at Rs 22,353 lakh, while net profit was reported at Rs 15,656 lakh. Earnings per share for the quarter came in at Rs 9.78.

On a standalone basis, the company reported total income of Rs 1,25,572 lakh during the quarter. Profit before tax was Rs 20,330 lakh, while net profit stood at Rs 14,335 lakh. Standalone earnings per share were reported at Rs 9.00.

Buyback Price Compared With Market Value

The proposed buyback price of Rs 1,380 per share is above the stock's market price of Rs 1,148.70 recorded on June 17, 2026. Investors generally monitor the difference between the buyback price and prevailing market price, along with acceptance ratios and participation levels, when evaluating buyback offers.

The final number of shares accepted from individual investors will depend on the buyback entitlement ratio, category-wise reservations and the overall participation in the tender process.

Today's Share Performance

Shares of Kajaria Ceramics Limited were trading at Rs 1,147.80 on June 17, 2026, up 0.76% from the previous close of Rs 1,139.10. The stock opened at Rs 1,152.00 and touched an intraday high of Rs 1,160.00 before slipping to a low of Rs 1,136.40 during the session.

The stock has delivered a return of 7.59% over the past week and 7.89% over the past month. On a year-to-date basis, the share price has gained 19.27%, while the one-year return stands at 12.25%. Over a three-year period, the stock has declined 10.98%, whereas the five-year return stands at 17.85%.

Kajaria Ceramics had a total market capitalization of approximately Rs 18,290.83 crore as of June 17, 2026. The stock's 52-week high was Rs 1,321.90, recorded on August 8, 2025, while the 52-week low was Rs 869.60, recorded on February 2, 2026.

Source: TradingView

Key Risks to Monitor

• Shareholder approval for the buyback is still pending.
• Acceptance ratios may differ across investor categories.
• Demand fluctuations in the housing and construction sectors could affect sales.
• Changes in raw material and energy costs may impact profitability.

Summary

Kajaria Ceramics Limited (NSE:KAJARIACER) has fixed June 29, 2026 as the record date for its proposed buyback of up to 21.50 lakh equity shares at Rs 1,380 per share. The proposal remains subject to shareholder approval. The announcement provides clarity on shareholder eligibility, while investors continue to monitor acceptance ratios, buyback timelines and the company's operating performance.

FAQs

Q: What is the record date for Kajaria Ceramics' proposed buyback?
A: June 29, 2026 has been fixed as the record date for determining eligible shareholders.

Q: What buyback price has Kajaria Ceramics proposed?
A: The company has proposed to buy back shares at Rs 1,380 per equity share.

Q: Is the buyback proposal final and approved?
A: No, the proposed buyback is still subject to approval from the company's shareholders.