Kajaria Ceramics Limited (BSE:500233) agreed to acquire additional 26% stake in Cosa Ceramics Private Limited for approximately INR 210 million on January 21, 2022. For the year ended on March 31, 2021. Cosa Ceramics Private Limited reported turnover of INR 789.9 million and Loss after tax of INR 45.6 million.

The transaction is expected to close within six months. As of June 2022. Acquisition of 14.56% has been completed.