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| Exchange Received Time 30/10/2017 13:59:36 Exchange Disseminated Time 30/10/2017 13:59:44 Time Taken 00:00:08 | The Outcome of the Board Meeting and announcements pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations')
Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Board of Directors of the Company at its meeting held today, commenced at 12.45 p.m. and concluded at 1.45 p.m., has, inter-alia, considered the following:
1. Approved and taken on record the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter/half year ended September 30, 2017.
The Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter/half year ended September 30, 2017 prepared in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with Limited Review Reports of the Statutory Auditors are enclosed herewith.
We have also uploaded the above results on the Company's website at www.kajariaceramics.com and on the websites of the Stock Exchanges at www.bseindia.com and www.nseindia.com
2. Approved acquisition of 43,33,500 equity shares of Rs. 10/- each of Jaxx Vitrified Private Limited ('Jaxx'), a subsidiary company, at a consideration aggregating upto Rs. 8.68 crore, subject to applicable laws. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-A.
3. Investors' Release dated October 30, 2017 specifying the summary of financial performance and other developments for the quarter/half year ended September 30, 2017 is enclosed herewith.
Kindly take the same on your record. |
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