- The board at its meeting held on October 29, 2011 has approved for the same
Kajaria Ceramics Ltd has informed BSE that the Board has approved the acquisition of 51% shareholding in M/s. Soriso Ceramic Private Limited having its registered office at 8-A, National Highway, Lakhdhirpur Road, Morbi, Gujarat-363642 for a total consideration of Rs. 56.04 Million and pursuant to section 4 of the Companies Act 1956, M/s. Soriso Ceramic Private Limited will become the subsidiary of Kajaria Ceramics Ltd.In this regard, the Company has issued a Press Release dated February 25, 2011 titled "Kajaria Ceramics Acquires 51% stake in Soriso Ceramic"
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