KD Leisures Limited's board of directors convened on April 30, 2026, at the company's registered office in Mumbai to approve significant corporate restructuring initiatives. The meeting, which commenced at 4:00 PM and concluded at 5:00 PM, addressed key resolutions including a proposed name change and director regularizations that will require shareholder approval at the upcoming Extra-Ordinary General Meeting.

Board Meeting Outcomes and Corporate Restructuring

The board approved changing the company's name from KD Leisures Limited to Vedic Ayurveda Limited, marking a strategic shift toward the wellness and Ayurvedic sector. This transformation will require consequential alterations to the company's constitutional documents and shareholder approval through a Special Resolution at the EGM.

Director Appointments and Leadership Team

The board regularized three director appointments with diverse expertise in wellness and corporate governance. Ms. Deepika Awasthi (DIN: 08624842) was regularized as Executive Director, bringing over 15 years of experience in astrology, numerology, and tarot reading. Her appointment was initially approved on February 2, 2026, with regularization effective April 30, 2026.

Ms. Kanchan Yadav will serve as Non-Executive Independent Director for a five-year term, bringing fresh perspective with her graduation from Veer Bahadur Singh Purvanchal University and keen interest in business administration. Ms. Anubha Kumari Sinha, holding a Master's degree, contributes analytical expertise to ensure robust corporate governance.

Business Expansion into Wellness Sector

The board approved significant alterations to the Memorandum of Association by adding three new business objects focused on the wellness and Ayurvedic sector. The expanded scope includes manufacturing, processing, and distributing Ayurvedic, herbal, natural, and wellness products including medicines, supplements, oils, and personal care items.

The company plans to establish wellness centers, Ayurvedic clinics, therapy centers, spas, and healthcare facilities offering treatments, consultations, and holistic healing services. Business operations will extend through physical stores, e-commerce platforms, mobile applications, and digital channels to reach broader markets.

Regulatory Compliance and Documentation

The board meeting was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All three directors have been confirmed as not debarred from holding office by virtue of any order of SEBI or any other regulatory authority, ensuring compliance with BSE Circular No. LIST/COMP/14/2018.

KD Leisures Limited successfully conducted its Annual General Meeting on 01-12-2025, commencing at 15:00 PM and concluding at 15:06 PM. The company, listed with scrip code 540385 and ISIN INE081R01016, presented five ordinary resolutions for shareholder consideration, all of which were approved during the proceedings.

Meeting Participation Details

The record date for determining shareholder eligibility was set as 24.11.2025, with a total of 755 shareholders registered on the books of the company. Physical attendance was absent, with no promoters or public shareholders present in person or through proxy. However, seven public shareholders participated through video conferencing facilities. All voting was conducted through the e-voting mode, with participation exclusively from public non-institutional shareholders holding 3,240,000 shares.

Voting Results Summary

The voting pattern remained consistent across all five resolutions, with public non-institutional shareholders casting 302,896 votes in favour of each proposal. This represented 9.3486% of votes polled on outstanding shares and 100% of votes polled. No votes were cast against any resolution, and there were no invalid votes recorded. Promoters, promoter groups, and public institutions did not participate in the voting process.

Resolutions Passed

The five resolutions approved at the AGM covered key governance and financial matters:

• Adoption of audited financial statements for the financial year ended 31st March 2025, along with the reports of the Board of Directors and Auditors
• Re-appointment of Mr. Parminder Singh, who was liable to retire by rotation and offered himself for re-appointment
• Appointment of M/s GAV & Associates, Chartered Accountants as statutory auditors of the company
• Appointment of M/s GAV & Associates, Chartered Accountants as statutory auditor to fill casual vacancy caused by resignation of M/s Raj Gupta & Co., Chartered Accountant
• Re-appointment of Mr. Mandeep Singh Thukral (DIN: 09160320) as Managing Director of the company

Detailed Voting Breakdown

All resolutions were declared passed with the requisite majority, and no notes were disclosed regarding the voting results. The meeting concluded with the formal adoption of all agenda items presented for shareholder approval.