ALPHA TRIBE

Kaya LimitedBoard Meeting, 26-06-2025: Outcome of Board Meeting

26-06-2025 | 10:54 am

Kaya Limited has announced a board meeting approving a preferential allotment of up to 20.9 lakh equity shares at Rs. 358.84 each, raising approximately Rs. 75 Cr. These shares will be issued to Axana Estates LLP, which will hold about 13.74% stake post-issuance. An extraordinary general meeting is scheduled for July 22 to seek shareholder approval. This capital raise aims to strengthen the balance sheet and support growth initiatives. No other operational or strategic updates were disclosed.

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