Kajaria Ceramics Limited (BSE:500233) agreed to acquire an additional 19% stake in Floera Ceramics Private Limited for INR 36.1 million on May 15, 2017. Under the terms of transaction, Kajaria Ceramics Limited will acquire 0.19 million Floera Ceramics Private Limited shares at INR 190 each. Upon completion, Kajaria Ceramics Limited will hold 70% stake in Floera Ceramics Private Limited. The transaction is expected to be completed within two months. Kajaria Ceramics Limited (BSE:500233) completed the acquisition of an additional 19% stake in Floera Ceramics Private Limited on May 8, 2018. The transaction has been approved by the acquirer board as on May 8, 2018.