Kaya Limited has informed the Exchange about Shareholders meeting
KAYA · price
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Kaya Limited held an Extraordinary General Meeting (EGM) on July 22, 2025, via video conferencing, where shareholders voted on a Special Resolution to approve the issuance of equity shares on a preferential basis. Out of 19,735 shareholders on the record date, 31 attended the meeting (17 from promoter group, 14 from public). A total of 7,772,958 votes were polled, representing 59.35% of outstanding shares. The resolution was passed overwhelmingly with 7,772,945 votes (99.99%) in favour and only 13 votes (0.01%) against. Promoter and promoter group voted 7,761,555 shares in favour, showing strong promoter backing for the preferential issue.
The shareholder approval clears the way for Kaya Limited to proceed with the preferential equity issuance, which may lead to equity dilution for existing public shareholders. The near-unanimous approval signals strong confidence, but retail investors should watch for details of the issue price, allottees, and the amount being raised.