May 18, 2013

Kajaria-Vennar ceramic unit to step up capacity

The Kajaria Ceramics Ltd-Vennar Ceramics joint venture to manufacture ceramic tiles is all set to expand its capacity this year to 10,000 sq. m a day.

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Kajaria-Vennar ceramic unit to step up capacity

Kajaria Ceramics, Vennar in joint venture

Kajaria Ceramics Ltd (KCL) has formed a joint venture with Vennar Ceramics, a subsidiary of Anjani Portland Cement, to manufacture wall tiles. The company has acquired a 51 per cent stake in Vennar Ceramics by way of subscribing to fresh equity share capital for a sum of Rs 13.65 crore.

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Kajaria Ceramics, Vennar in joint venture

Kajaria Ceramics, Anjani Cement arm team up to make tiles

Kajaria Ceramics has agreed to form a joint venture with Vennar Ceramics, a wholly- owned subsidiary of Anjani Portland Cement, to manufacture wall tiles.

Excerpt from:
Kajaria Ceramics, Anjani Cement arm team up to make tiles