Kaya Limited , a prominent player in the skincare and beauty services industry, has reported that tax officials recently conducted visits to its head office and clinic facilities. The company has assured stakeholders that these visits have not significantly impacted its business operations.

Tax Department Visits

According to a regulatory filing by Kaya, officials from the Income Tax Department visited the company's head office and one of its clinics in India. The company stated that the proceedings are currently underway.

Company's Response

Kaya has emphasized its full cooperation with the tax officials during this process. In its communication to the stock exchanges, the company assured:

"The Company is extending its full co-operation to the officials. Currently, there is no material impact on the business operations of the Company due to the aforesaid action."

Business Continuity

Despite the ongoing tax proceedings, Kaya has reported that its business operations continue to function normally. This statement aims to allay any concerns that investors or customers might have regarding the company's day-to-day activities.

Regulatory Compliance

In line with its obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kaya has committed to making necessary disclosures if any material updates arise from this situation. The company stated:

"In the event there is any further material update that requires intimation under the SEBI Listing Regulations, the Company will make necessary disclosures in accordance with regulatory provisions."

This proactive approach to communication underscores Kaya's commitment to transparency and regulatory compliance.

As the situation develops, stakeholders will be watching closely for any further updates from the company or regulatory authorities regarding the outcome of these tax department visits.

Kaya Limited has successfully raised Rs. 75.00 crore through a preferential allotment of shares to Axana Estates LLP, as announced by the company in a recent regulatory filing.

Key Details of the Share Allotment

Corporate Actions and Approvals

The preferential allotment was executed following a series of corporate actions:

1. Approval by the Board of Directors on June 26, 2025
2. Special resolution passed by the company's shareholders on July 22, 2025
3. In-principle approval received from BSE and NSE on July 31, 2025
4. Final allotment approved by the Board of Directors on August 12, 2025

Impact on Share Capital

Following this allotment, Kaya Limited's paid-up equity share capital has increased to Rs. 15,18,76,090, consisting of 1,51,87,609 equity shares with a face value of Rs. 10.00 each.

Regulatory Compliance

The preferential issue was conducted in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has duly informed the stock exchanges as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About Kaya Limited

Kaya Limited, with its registered office in Mumbai, operates in the personal care and beauty sector.

This strategic move by Kaya Limited to raise capital through preferential allotment may provide the company with additional funds for its business operations and growth initiatives.