Kaya Limited — Others, 27-06-2025: Shareholders meeting

Kaya Limited has announced a board meeting to consider issuing up to 20,90,068 equity shares on a preferential basis to Axana Estates LLP, a non-promoter entity, for Rs. 358.84 per share, raising Rs. 75 Cr. The funds will be used primarily for expansion, including opening and renovating clinics and purchasing new machines (up to Rs. 58 Cr), with the remainder allocated to general corporate purposes. The shares will be allotted within 15 days of shareholder approval and are subject to a six-month lock-in period. There will be no change in company control post-issuance.