Corporate Action19 Oct 2026, 07:10 pm
Kaya Ltd: NSE/BSE nod for ₹50 Cr preferential issue
AI Summary
Kaya Ltd has received in-principle approval from both the National Stock Exchange (NSE) and BSE Limited for a preferential issue of equity shares. The company plans to issue 18,24,150 equity shares of face value Rs. 10 each at a price of Rs. 274.10 per share, aggregating up to Rs. 49,99,99,515 (approximately ₹50 Crores). These shares will be allotted to Axana Estates LLP and Plutus Investments India Private Limited. This approval is a significant step towards the completion of the preferential offering.
Key Highlights
- Kaya Ltd secures in-principle approval from NSE and BSE.
- Preferential issue of 18.24 lakh shares at ₹274.10 each.
- Total fundraising target of approximately ₹50 Crores.
- Allotment to non-promoters Axana Estates LLP and Plutus Investments.
- Approval obtained as per SEBI LODR Regulations.
Price Impact
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