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Corporate Action30 Oct 2026, 03:33 pm

Kaya Ltd Allots Equity Shares Worth ₹50 Cr on Preferential Basis

AI Summary

Kaya Ltd announced the allotment of 18,24,150 equity shares at an issue price of ₹274.10 per share, aggregating to ₹49,99,99,515 (₹50 Crore approx.) on a preferential basis to Axana Estates LLP and Plutus Investments India Private Limited. This allotment increases the company's paid-up equity share capital to ₹17,01,17,590. The board also approved the reconstitution of its Audit Committee, Risk Management Committee, and Stakeholders Relationship Committee, effective November 1, 2026. The equity shares allotted are subject to a lock-in period as per SEBI regulations.

Key Highlights

  • Kaya Ltd allotted 18.24 lakh equity shares worth ₹50 Cr.
  • Allotment made on preferential basis to Axana Estates LLP and Plutus Investments.
  • Company's paid-up equity share capital increased post-allotment.
  • Board committees reconstituted effective November 1, 2026.
  • Allotted shares are subject to lock-in period.