Acquisition of Compulsorily Convertible Preference Shares of Kajaria Bathware Private Limited

August 6, 2026 BSE Limited The National Stock Exchange of India Limited P.J. Towers Exchange Plaza Dalal Street Bandra Kurla Complex Mumbai - 400 001 Bandra (E) Mumbai - 400 051 Dear Sir, Re.: Disclosure pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’) Pursuant to the provisions of the Listing Regulations and in continuation of our letter dated April 30, 2026 regarding the acquisition of 44,11,764 Compulsorily Convertible Preference Shares (‘CCPS’) of Kajaria Bathware Private Limited, a wholly-owned subsidiary (‘KBPL’), we wish to inform you that the Company has acquired 44,11,764 CCPS of KBPL on August 6, 2026 from Aravali Investment Holdings. Consequently, the Company now holds entire equity shares and CCPS of KBPL. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-A. Kindly take the above on your record. Thanking you, For Kajaria Ceramics Limited Vinit Kumar General Counsel & Company Secretary Encl.: As above Annexure-A Details regarding acquisition of CCPS of Kajaria Bathware Private Limited Sr. No. Particulars Details 1. Name of the target entity, details in Kajaria Bathware Private Limited, a wholly- owned brief such as size, turnover etc. subsidiary (‘KBPL’). Turnover (As on 31.03.2026)*: Rs. 413.64 Crores Profit/(Loss) After Tax (As on 31.03.2026)*: Rs. (28.49) Crores KBPL is carrying out the business of manufacturing of bathware products. 2. Whether the acquisition would fall The acquisition of 44,11,764 (Fourty-Four Lacs within related party transaction(s) and Eleven Thousand Seven Hundred Sixty-Four) whether the promoter/ promoter 0.01% Compulsorily Convertible Preference Shares group/ group companies have any (‘CCPS’) of Rs. 10 each of KBPL did not fall within interest in the entity being acquired? related party transaction. If yes, nature of interest and details thereof and whether the same is done at “arms length” 3. Industry to which the entity being No entity is acquired through the said transaction, acquired belongs except acquisition of above said CCPS of KBPL by the Company. 4. Objects and impact of acquisition Aravali Investment Holdings, Mauritius (‘Aravali’), a (including but not limited to, wholly-owned subsidiary of WestBridge Crossover disclosure of reasons for acquisition Fund, LLC had made investment of Rs. 64.50 of target entity, if its business is Crores in KBPL by way of subscribing 44,11,764 outside the main line of business of CCPS of Rs. 10 each of KBPL, as per the the listed entity) Shareholders’ Agreement (‘SHA’) executed on June 4, 2018. As per the SHA, the SHA shall be ceased to have effect as regards to a shareholder/CCPS holder of KBPL, if such shareholder/CCPS holder ceases to be the shareholder/CCPS holder of KBPL and it is required to give an exit option to Aravali by way of listing of equity shares of KBPL or by purchasing the said CCPS by the Company. Accordingly, post-acquisition of the said CCPS by the Company, Aravali ceased to be the shareholder/CCPS holder of KBPL and as there being no other shareholder of KBPL except the Company, the SHA came to an end as the Company has acquired the entire CCPS of KBPL on August 6, 2026 from Aravali at a consideration of Rs. 50 Crores. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion Not Applicable of the acquisition 7. Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price at Rs. 50 Crores which the shares are acquired 9. Percentage of shareholding/control The Company holds 100% equity shares of KBPL acquired and/or number of shares and after the said acquisition, the Company also acquired holds 100% CCPS of KBPL and accordingly, KBPL will continue to be a wholly-owned subsidiary of the Company. 10. Brief background about the entity • Products/line of business: acquired in terms of products/line of Manufacturing of bathware products business acquired, date of incorporation, history of last 3 years • Date of incorporation: turnover, country in which the May 22, 2013 acquired entity has presence and any other significant information (in brief) • Turnover of last three years*: 2025-26: Rs. 413.64 Crores 2024-25: Rs. 386.20 Crores 2023-24: Rs. 363.47 Crores • Country in which KBPL has presence: India * Consolidated