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- Kajaria Ceramics Limited (NSE: KAJARIACER) announced the acquisition of Kerovit Global Private Limited (KGPL) through its subsidiary Kajaria Bathware Private Limited, paying a cash consideration of ₹ 45 crore.
- Post‑deal, Kajaria Bathware will hold 100 % preference shares of KGPL, turning it into a step‑down wholly‑owned subsidiary; the transaction was approved on 30 April 2026 and is expected to close in about 3 months.
- KGPL’s latest figures show a net worth of ₹ 447.9 million, turnover of ₹ 361.1 million, and a loss of ₹ 316.5 million (PAT).
- The acquisition is aimed at strengthening KGPL’s debt‑equity ratio and adding its sanitary‑ware line to Kajaria’s existing bathware and ceramics portfolio.
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