Kaya Limited — Others, 28-05-2025: Others

Kaya Limited has announced a board meeting to approve the financial results for the quarter and half-year. The Group posted a consolidated profit of Rs. 83.68 Cr for the year, driven by Rs. 128.99 Cr from the sale of discontinued Middle East operations and Rs. 12.57 Cr from intellectual property rights, despite continuing operations showing a loss of Rs. 33.37 Cr. The company has negative net worth but expects to meet obligations in the next 12 months with promoter support. It approved Rs. 9 Cr loans from two directors, appointed new secretarial auditors for five years, and amended its Employee Stock Option Plan to introduce Restricted Stock Units, pending shareholder approval. The focus remains on the core skin and hair care business after divesting Middle East assets.