Kaya Limited — Others, 07-02-2025: Shareholders meeting

Kaya Limited has announced a board meeting to seek approval via postal ballot for several key resolutions, including significant related party transactions. The company intends to repay loans of up to ₹90 crore (cr) from directors Harsh Mariwala and Rajen Mariwala during FY 2025-26, which are deemed material according to regulatory guidelines. Additionally, the board proposes appointments of non-independent director Nikhil Khattau, and independent directors Vivek Anant Karve and Anita Belani, effective April 1, 2025. This move underscores the company’s governance strategy and could enhance investor confidence with a stronger leadership team. However, the reliance on related party transactions may present risks that investors should monitor closely.