Kaya Ltd Allots 18.24 Lakh Equity Shares on Preferential Basis

Kaya Ltd announced the allotment of 18,24,150 equity shares of face value Rs. 10 each at an issue price of Rs. 274.10 per share (including a premium of Rs. 264.10) on a preferential basis. The total amount raised is Rs. 49,99,99,515 (approx. ₹50 Crore). The shares were allotted to Axana Estates LLP and Plutus Investments India Private Limited. This allotment increases the company's paid-up equity share capital to Rs. 17,01,17,590, comprising 1,70,11,759 equity shares. The board also approved the reconstitution of its committees.