Kaya has informed that the Board of Directors of the Company have approved the following today, December 21, 2023: Repayment of Directors loans upto an aggregate amount of Rs 71,86,00,000 each, availed from Harsh Mariwala & Rajen Mariwala, subject to approval of the shareholders of the Company and Seeking approval of the shareholders of the Company by way of postal ballot for the aforesaid transaction. The process, timelines and other requisite details regarding the postal ballot will be communicated in due course.
The above information is a part of company’s filings submitted to BSE.
