StockWatch
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Wellness
Board Meeting10 Aug 2026, 10:52 am

Kaya Ltd Approves Preferential Issue of 18.24 Lakh Shares

AI Summary

Kaya Limited's Board of Directors met on August 10, 2026, and approved the issuance of 18,24,150 equity shares at an issue price of Rs. 274.10 per share, raising an aggregate of Rs. 49,99,99,515/- on a preferential basis to Axana Estates LLP and Plutus Investments India Private Limited. The company also approved an increase in the ESOP pool by 4,00,000 options under the Kaya ESOP Plan - 2021. An extraordinary general meeting will be convened on September 05, 2026, to seek shareholder approval for these proposals.

Key Highlights

  • Kaya Ltd to issue 18.24 lakh shares via preferential allotment.
  • Total funds raised from preferential issue amount to Rs. 49.99 Cr.
  • ESOP pool increased by 4,00,000 options.
  • EGM scheduled for September 05, 2026, for approvals.