ELP advises Kajaria Ceramics on ₹296 crore share buyback

Kajaria Ceramics Limited has made a buyback of 21,50,000 equity shares of the Company at a price of ₹1,380 per equity share, amounting to ₹296.70 crore.

Economic Laws Practice advised Kajaria Ceramics and Nuvama Wealth Management Limited, the manager to the buyback.

The transaction was led by Geeta Dhania (Partner), with assistance from Ridhi Jain (Senior Associate), Associates Anusha Agrawal and Shreya Prakash.

Kajaria Ceramics, along with its subsidiaries, is engaged in the business of manufacturing, selling and distribution of tiles, adhesive and bathware / sanitaryware products.

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