Kaya Ltd has accepted the resignation of Nikhil Nirvan Khattau as a Non-Executive Non-Independent Director, effective from the close of business hours on July 31, 2026. The resignation was submitted due to his pre-occupation and other personal commitments. Consequently, Khattau will cease to be a member of the Audit Committee, Risk Management Committee, and Stakeholders' Relationship Committee of the company.

The disclosure was made to the stock exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no material reasons for the resignation other than those stated. The resignation letter was submitted on July 9, 2026, from La-Tranche-sur-Mer.

Resignation Details

The following table outlines the key particulars regarding the director's cessation:

Arihant Dhariwal, Chief Financial Officer of Kaya Ltd, signed the regulatory filing on July 10, 2026. The company has ensured that all necessary disclosures, including the resignation letter, were enclosed as per the requirements of SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Harsh Mariwala, on behalf of himself, the promoter group, and persons acting in concert, declared that no encumbrance was created on the shares of Kaya Ltd held by them during the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges, confirms that the shares remain free from any direct or indirect charges. This disclosure is significant for shareholders as it indicates the promoters have not pledged their holdings, which mitigates the risk of forced sales or ownership changes impacting the company's stability.

The filing was made to BSE Limited and the National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The regulation requires promoters to disclose any encumbrance on their shareholding to ensure transparency and protect investor interests. The declaration was signed by Harsh Charandas Mariwala, who identified himself as the Promoter acting on behalf of the group.

Promoter and Promoter Group Details

The disclosure provided a comprehensive list of individuals and entities classified as promoters or promoter group members as on March 31, 2026. The list includes 23 names, ranging from immediate family members to family trusts and private limited companies. The filing noted that Mr. Kishore Mariwala, formerly a promoter, ceased to be classified as such following his demise and the subsequent transmission of his shareholding within the promoter group, in line with applicable regulations.