Kaya Board Approves ₹50 Crore Preferential Issue To Axana And Plutus

Board approved a preferential issue of 18.24 lakh equity shares at Rs 274.10 per share, raising Rs 50 Cr from Axana Estates LLP and Plutus Investments, subject to shareholder and regulatory approvals. Axana’s stake would rise to 17.25% and Plutus would hold 5.76%. ESOP pool increased by 4 lakh options.