Kaya Limited reports Q1 financial results and announces key leadership appointments

Kaya Limited reports Q1 financial results and announces key leadership appointments​

Kaya Limited, following its Board meeting on August 3, 2026, has announced unaudited standalone financial results for the quarter ended June 30, 2026. The company also made several significant decisions regarding changes in directorial roles and senior management appointments.

The statutory auditor issued a limited review report on the unaudited financial statements. The review concluded that nothing came to their attention that suggested the accompanying Statement contained any material misstatement or failed to disclose required information. Management noted that while the Company incurred losses during prior years, resulting in a negative net worth and working capital position as of June 30, 2026, management maintains that the company will meet its obligations within the next twelve months based on financial support from the promoter group.

The standalone financial results for the quarter ended June 30, 2026 (figures in Rs. Lakhs), are detailed below:


Key expenses for the quarter included Employee benefits expense at 1,707.46 and Finance costs at 933.56 lakh rupees. The company also recorded an impairment loss of 1,176.58 in the previous financial year on a Cash Generating Unit (CGU).

Leadership Appointments and Role Changes​

The Board meeting approved several key appointments and changes in designations:

Compliance and Senior Management:

• Mrs. Shilpa Rathi was appointed as Company Secretary and Compliance Officer, effective August 3, 2026. She is also designated as the Nodal officer under the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Mrs. Rathi holds a Bachelor of Laws (LL.B.) and a Bachelor of Business Administration (BBA) and possesses over 12 years of post-qualification experience in corporate secretarial functions.
• Mrs. Bindiya Varmani was appointed as Vice President and HR Head, effective August 3, 2026. She has more than 20 years of experience across various sectors including IT, consulting, retail, e-commerce, and finance.

Directorial Appointments and Transitions:

• Mr. Harsh Mariwala’s role transitioned from Managing Director and Chairman (a term expiring October 31, 2026) to Non-Executive Director and Chairman, commencing November 1, 2026, subject to shareholder approval.
• The Board also approved the appointment of Mr. Rishabh Mariwalal as a Managing Director (Promoter and Executive). This role is set for a term of five consecutive years, running from November 1, 2026, until October 31, 2031, and is subject to shareholder approval.

The Board members also deferred the agenda item related to raising issuance of equity shares or debt securities until further notice.

KAYA Stock Price Movement​

Today, shares of Kaya Limited rallied in the market, closing at ₹278.45 after gaining 1.41%. The stock recorded a trading volume of 7,972 shares during the session.