This is to inform you that the Company, KD Leisures Limited conducted its 01st Extra-Ordinary General Meeting (EGM) of Financial Year 2026-2027 on Friday, 22nd May, 2026 at 12:00 P.M. (IST) ....
Awaiting price reaction for this filing.
KD Leisures Limited held its 1st EGM on May 22, 2026 via video conferencing where shareholders approved all 5 agenda items with 100% majority. Key resolution: the company will change its name from 'KD Leisures Limited' to 'Vedic Ayurveda Limited', signalling a complete business pivot from leisure/hospitality to the Ayurvedic healthcare sector. Three new directors - Ms. Kanchan Yadav (Non-Executive Independent), Ms. Deepika Awasthi (Executive Director), and Ms. Anubha Kumari Sinha (Non-Executive Director) - were regularized. The Object Clause of the Memorandum of Association was also altered to accommodate the new business direction. Voting participation was low with only 14 members (12 remote + 2 at EGM) casting 1,146,679 valid votes, with zero votes against any resolution.
This name change and business pivot from leisure to Ayurveda represents a significant strategic transformation. The unanimous approval indicates strong shareholder backing, but the low voter turnout (only 14 members) suggests concentrated ownership. Investors should monitor for actual business operational changes and new contracts in the Ayurvedic sector post-name change.