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Board of Kajaria Ceramics approves acquisition of 51% stake in Floera Ceramics

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At meeting held on 20 July 2015

Kajaria Ceramics announced that the Board of Directors of the Company at its meeting held on 20 July 2015, has approved to acquire 51% stake in Floera Ceramics, Rajahmundry (Andhra Pradesh) by subscribing to the equity shares of the Company. Floera Ceramics Plans to put up a manufacturing facility of Polished Vitrified tiles with a capacity of 5.70 MSM p.a. in Andhra Pradesh.

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First Published: Jul 20 2015 | 2:35 PM IST

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