Board Meeting12 Aug 2026, 03:51 pm
Kerala Ayurveda Board Approves Unaudited Results, Merger Scheme
AI Summary
Kerala Ayurveda Limited announced that its Board of Directors, in a meeting held on August 12, 2026, approved the unaudited financial results for the quarter ended June 30, 2026 (both standalone and consolidated). The board also approved a Scheme of Amalgamation between Ayurvedagram Heritage Wellness Centre Private Limited and Kerala Ayurveda Limited, subject to shareholder and regulatory approvals. Additionally, the Nomination and Remuneration Committee approved the grant of 64,875 Employee Stock Options (ESOPs). Mr. Ramesh Vangal was re-appointed as Non-Executive Director.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Scheme of Amalgamation approved with wholly-owned subsidiary.
- Re-appointment of Non-Executive Director Mr. Ramesh Vangal.
- 64,875 ESOPs approved for eligible employees.
- Statutory auditors issued an unmodified limited review report.
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