EGM Notice of KD Leisures Limited to consider and approved the agenda as mentioned in the notice.
Awaiting price reaction for this filing.
KD Leisures Limited has called its 01st Extra-Ordinary General Meeting on May 22, 2026 via video conferencing. The key agenda includes changing the company name from 'KD Leisures Limited' to 'Vedic Ayurveda Limited' and altering its Memorandum of Association to add Ayurvedic, herbal, wellness, and healthcare business objectives including manufacturing of Ayurvedic products, operating wellness centers, clinics, and spas. Additionally, three directors are being regularized: Ms. Kanchan Yadav as Non-Executive Independent Director for 5 years, Ms. Deepika Awasthi as Executive Director, and Ms. Anubha Kumari Sinha as Non-Executive Director. The proposed business expansion covers manufacturing, processing, and selling Ayurvedic products along with running wellness and healthcare facilities through physical and e-commerce channels.
This represents a complete business transformation from leisure/hospitality to Ayurveda and wellness sector. Shareholders should note this is a significant strategic pivot that will change the company's core operations and risk profile. The stock may see volatility as markets reassess the company's fundamentals under its new Ayurvedic business direction.