Kajaria Ceramics Limited (BSE:500233) agreed to acquire additional 7.63% stake in Jaxx Vitrified Private Limited for INR 18 million on January 28, 2023. The company holds 87.37% equity shares in KVPL and after completion of the proposed acquisition of 11,40,968 equity shares of KVPL, holding of the company in the equity shares of KVPL would be increased to 95%. The Board of Directors of the company at their meeting held on January 28, 2023 has considered and approved the same.