Kaya Ltd

Kaya Ltd Board Approves Preferential Share Issue & ESOP Pool Expansion 📊

- Board approved issuance of 18,24,150 equity shares on a preferential basis.

- Issue price is Rs. 274.10 per share, for an aggregate cash consideration of Rs. 49,99,99,515.

- Shares to be allotted to Axana Estates LLP and Plutus Investments India Private Limited.

- Axana Estates LLP's shareholding will increase from 13.76% (20,90,068 shares) to 17.25% (29,35,077 shares).

- Plutus Investments India Private Limited will become a new shareholder with 5.76% (9,79,141 shares).

- Board approved increase in ESOP Pool under 'Kaya ESOP Plan -2021' by 4,00,000 options, increasing total pool from 8,03,204 to 12,03,204 options.