Pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Kaya has informed that the Board of Directors of the Company at its meeting held today, Wednesday, August 5, 2020 Thursday, December 19, 2019 have approved the resolution to borrow Rs 7,69,00,000 each from Harsh Mariwala and Rajendra Mariwala, Directors of the Company. The board meeting commenced at 2:30 pm and concluded at 2:40 pm.
The above information is a part of company’s filings submitted to BSE.