Kajaria Ceramics to acquire 51% stake in Taurus Tiles

Kajaria Ceramics’ board of directors at its meeting held on May 07, 2014, has approved to acquire 51% stake in Taurus Tiles, Morbi (Gujarat) by subscribing to the equity shares of the company. Taurus Tiles is in the process of setting up a plant having 5 MSM annual capacity of Polished Vitrified Tiles. Kajaria Ceramics manufactures more than 400 options of flooring solutions such as wall tiles, floor tiles, vitrified tiles and Spanish and Italian tiles. The tiles major market these products under the brand name Kajaria, Kerrogres, Eternity, Aparici, Saloni ceramica, Ergon and GRESPANIA Ceramica.