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Kaya MD, chairman, board of directors and AGM

NSE: KAYABSE: 539276Leisure ServicesSmall Cap

Last close ₹286.90down ₹4.90 (1.68%)BSE ₹280.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹291.80.

52-week range of traded prices to 23 Oct 2026
₹224.01Low, 4 Jun 2026₹474.90High, 4 Nov 2025
Market cap
₹436 Cr1,904th largest listed
P/E
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
ROCE
−655.8%
Debt to equity
Net worth zero or below
Volume, NSE
5,482

Kaya board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorHarsh Charandas Mariwala
  • Company Secretary and Compliance OfficerShilpa Rathi

6 directors3 independent1 executive2 non-executive

  • Harsh Charandas Mariwala · Chairperson and managing directorExecutive · joined Mar 2003 · reappointed Sep 2021 · 3 listed boards · 1 as independent · 1 committee seat
  • Rajendra Kishore MariwalaNon-executive · joined Nov 2011 · reappointed Aug 2024 · 6 listed boards · 4 as independent · 3 committee seats
  • Rishabh Harsh MariwalaNon-executive · joined May 2021 · reappointed Aug 2025 · 2 listed boards · 2 committee seats
  • Anita BelaniIndependent · joined Apr 2025 · reappointed Apr 2025 · 18 months as independent · 5 listed boards · 5 as independent · 6 committee seats, 1 as chair
  • Vivek Anant KarveIndependent · joined Apr 2025 · reappointed Apr 2025 · 18 months as independent · 4 listed boards · 4 as independent · 2 committee seats, 5 as chair
  • Vasuta AgarwalIndependent · joined Aug 2021 · reappointed Aug 2026 · 62 months as independent · 2 listed boards · 2 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • Om Prakash Manchanda, left 2 Aug 2026: Tenure Completion
  • Nikhil Nirvan Khattau, left 31 Jul 2026: Others
  • B.S. Nagesh, left 31 Mar 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 10 Aug 20265 of 6 present2 independent · 6 days in between
    • 3 Aug 20266 of 6 present3 independent · 74 days in between
    • 20 May 20267 of 8 present3 independent

  • Audit Committee

    Chair Vivek Anant Karve

    Anita Belani, Rishabh Harsh Mariwala

    • 10 Aug 20263 of 3 present2 independent · 6 days in between
    • 3 Aug 20263 of 3 present2 independent · 74 days in between
    • 20 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Anita Belani

    Vasuta Agarwal, Rajendra Kishore Mariwala

    • 10 Aug 20262 of 3 present1 independent · 6 days in between
    • 3 Aug 20263 of 3 present2 independent · 67 days in between
    • 27 May 20262 of 3 present1 independent · 6 days in between
    • 20 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Vivek Anant Karve

    Harsh Charandas Mariwala, Rishabh Harsh Mariwala

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Vivek Anant Karve

    Harsh Charandas Mariwala, Rajendra Kishore Mariwala, Rishabh Harsh Mariwala, Brijesh Goyal

    • 20 May 20264 of 4 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • B S R & Co. LLPPeer-review certificate valid to Jul 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Kaya AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kaya share news and announcements

Extraordinary general meeting, 5 Sep 2026

18,146 shareholders on the register on 31 Aug 2026; present: 16 promoters and 41 others; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. To consider and approve issue of equity shares on preferential basis to the identified person and other matters related thereto.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 52.68% · promoters 99.77% · institutions 34.08% · other public 0.07%

  2. To appoint Mr. Harsh Mariwala (DIN: 00210342) as Chairman and Non Executive Director with effect from November 01, 2026 upon completion of his term as Chairman and Managing Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 64.56% · promoters 96.12% · institutions 34.08% · other public 30.89%

  3. To approve the appointment of Mr. Rishabh Mariwala (DIN: 03072284) as Managing Director of the Company for a period of five (5) consecutive years with effect from November 01, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 64.72% · promoters 96.42% · institutions 34.08% · other public 30.89%

  4. Amendments to the Kaya Employee Stock Option Plan, 2021
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.44% · promoters 99.77% · institutions 34.08% · other public 30.89%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 7 Aug 2026, 3 resolutions

18,322 shareholders on the register on 31 Jul 2026; present: 11 promoters and 22 others; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: a.) the Audited Standalone Fi nancial Statements of the Company for the Financial Year en ded March 31, 2026 together with the Reports of the Board o f Directors and the Auditors thereon and b.) the Audited Con solidated Financial Statements of the Company for the Financ ial Year ended March 31, 2026 and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.04% · promoters 99.08% · institutions 35.17% · other public 30.71%

  2. To appoint a Director in place of Mr. Rajendra Mariwala, Dire ctor (DIN: 00007246) who retires by rotation and being eligi ble seeks re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 64.81% · promoters 96.68% · institutions 35.17% · other public 30.71%

  3. To approve the re-appointment of Ms. Vasuta Agarwal (DIN: 07480674) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.04% · promoters 99.08% · institutions 35.17% · other public 30.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 2 Mar 2026, 1 resolution

18,489 shareholders on the register on 23 Jan 2026; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. Change in the objects clause for the utilization of funds raised in the preferential issue of Equity Shares
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.98% · promoters 99.37% · institutions 30.82% · other public 30.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 5 Aug 2025, 4 resolutions

19,607 shareholders on the register on 29 Jul 2025; present: 14 promoters and 18 others; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. Approval of Audited Standalone Financial Statements for FY 24-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 60.30% · promoters 99.14% · institutions 0.00% · other public 3.14%

  2. Approval of Audited Consolidated Financial Statements for FY 24-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 60.30% · promoters 99.14% · institutions 0.00% · other public 3.14%

  3. Appoint a Director in place of Mr. Rajendra Mariwala who retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 60.30% · promoters 99.14% · institutions 0.00% · other public 3.14%

  4. Appoint Secretarial Auditors of the Company for 5 years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 60.30% · promoters 99.14% · institutions 0.00% · other public 3.14%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 22 Jul 2025, 1 resolution

19,735 shareholders on the register on 15 Jul 2025; present: 17 promoters and 14 others; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. Issuance of Equity Shares on Preferential Basis
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 59.35% · promoters 99.37% · institutions 0.00% · other public 0.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 6 Jul 2025, 1 resolution

20,630 shareholders on the register on 30 May 2025; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. Amendments to the Kaya Employee Stock Option Plan, 2021
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.09%

    Turnout: all 59.35% · promoters 99.37% · institutions 0.00% · other public 0.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 11 Jun 2025, 2 resolutions

20,407 shareholders on the register on 9 May 2025; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction(s) to be entered into with Mr. Harsh Mariwala, pertaining to repayment of loans, availed from him
    OrdinaryPromoters have an interest in it
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 1.22% · promoters 0.00% · institutions 0.00% · other public 3.27%

  2. Approval of Material Related Party Transaction(s) to be entered into with Mr. Rajen Mariwala pertaining to repayment of loans, availed from him
    OrdinaryPromoters have an interest in it
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 1.22% · promoters 0.00% · institutions 0.00% · other public 3.27%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 Mar 2025, 5 resolutions

20,160 shareholders on the register on 31 Jan 2025; votes counted by Sitansh Magia / Magia Halwai & Associates.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction(s) to be entered into with Mr. Harsh Mariwala, pertaining to repayment of loans
    OrdinaryPromoters have an interest in it
    98.86% for1.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 1.21% · promoters 0.00% · institutions 0.00% · other public 3.39%

  2. Approval of Material Related Party Transaction(s) to be entered into with Mr. Rajen Mariwala pertaining to repayment of loans, availed from him.
    OrdinaryPromoters have an interest in it
    98.86% for1.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 1.21% · promoters 0.00% · institutions 0.00% · other public 3.39%

  3. Appointment of Mr. Nikhil Khattau (DIN: 00017880) as a Non-Independent Non- Executive Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 49.98% · promoters 81.78% · institutions 0.00% · other public 3.39%

  4. Appointment of Vivek Anant Karve (DIN : 06840707) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 49.98% · promoters 81.78% · institutions 0.00% · other public 3.39%

  5. Appointment of Ms. Anita Belani (DIN : 01532511) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 49.98% · promoters 81.78% · institutions 0.00% · other public 3.39%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesAug 2025–Expansion including but not limited to opening of new clinics Relocation and renovation of existing clinics Expenditure on new machines––No
Preferential IssuesAug 2025–Other general corporate purposes––No
Preferential IssuesAug 2025–Not Applicable––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.