Kerala Ayurveda Board Approves Merger, Unaudited Results, and ESOP Grant

Kerala Ayurveda Limited's Board of Directors met on August 12, 2026, approving the unaudited financial results for Q2 2026 with an unmodified auditor's report. A significant decision was the approval of a Scheme of Amalgamation to merge its wholly-owned subsidiary, Ayurvedagram Heritage Wellness Centre Private Limited, with the company. This merger aims to integrate operations, reduce overheads, and rationalize the legal entity structure. The board also approved the re-appointment of Mr. Ramesh Vangal as Non-Executive Director and the grant of 64,875 Employee Stock Options (ESOPs) under the Kerala Ayurveda Employee Restricted Stock Unit Plan, 2023. The amalgamation is subject to shareholder, NCLT, and regulatory approvals.