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The board of Kajaria Ceramics on Thursday accepted the resignation of Dev Datt Rishi from the position of Whole Time Director, designated as Director-Technical, effective from the close of working hours of June 30. Dev Datt Rishi will continue to be a non-executive Director from July 1. The board has also approved the disposal of 73.60 lakh equity shares of ₹10 each of Taurus Tiles Private Ltd, subsidiary, at an aggregate consideration of ₹375.20 lakh. Consequent on the disposal of the shares, Taurus will cease to be a subsidiary of the company. Shares of Kajaria Ceramics edged down 0.26 per cent at ₹658.95 on the NSE.
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