Kajaria Ceramics Limited (BSE:500233) agreed to acquire additional 5% stake in Jaxx Vitrified Private Limited for INR 15 million on May 10, 2019. Kajaria Ceramics Limited will acquire 0.75 million shares at INR 20 per share. Post completion, Kajaria Ceramics Limited will hold 87.4% stake in Jaxx Vitrified Private Limited. for the year 2018-19 Jaxx Vitrified Private Limited has revenue of INR 3.2 billion. Completion is expected in approximately 6 months.