Kajaria Ceramics Board Approves KSPL Merger With Company

New Delhi: Kajaria Ceramics on Monday said its board has approved the merger of Kajaria Securities Private Ltd, a promoter group entity, with the company. In a filing to the BSE, the company said that the purpose of the merger is to "simplify the shareholding structure and reduction of shareholding tiers and to demonstrate the promoter Group's direct commitment to and engagement with KCL". The board of directors considered and appr...