Kaya has informed that it enclosed the Postal Ballot Notice dated June 14, 2023 (Postal Ballot Notice) to the members seeking; Approval for sale, transfer or disposal of assets exceeding 20% of the assets held by the material subsidiary of the company. Approval to make loans and/ or give guarantee and/ or provide security in connection with a loan and/or acquire by way of subscription, purchase or otherwise securities of any bodies corporate up to Rs 200 Crores. In this regard, Sitansh Magia, Practicing Company Secretary, who was appointed as the Scrutinizer for the aforesaid Postal Ballot process has submitted his Report on July 18, 2023. In accordance with the said Report, the members of the Company have approved the Resolutions as embodied in the Postal Ballot Notice, with requisite majority by remote e-voting process. The results of the Postal Ballot are announced today, July 18, 2023. The resolutions embodied in the Postal Ballot Notice shall be deemed to be passed on Monday, July 17, 2023, being the last date of remote e-voting.
The above information is a part of company’s filings submitted to BSE.