Kishorbhai Govindbhai Patel and others agreed to acquire 51% stake in Taurus Tiles Private Limited from Kajaria Ceramics Limited (BSE:500233) for INR 37.5 million on June 29, 2017. Post completion Taurus Tiles will cease to be a subsidiary of Kajaria. The transaction is approved by Board of Directors of Kajaria Ceramics Limited. The transaction is expected to close within 15 days. Kishorbhai Govindbhai Patel and others cancelled the acquisition of 51% stake in Taurus Tiles Private Limited from Kajaria Ceramics Limited (BSE:500233) on June 29, 2018.