Kaya Independent Director Vasuta Agarwal resigns
Kaya (KAYA) said Vasuta Agarwal, Independent Director, has resigned; and Vasuta Agarwal as Non has resigned. The company is valued at about ₹555 crore.
What happened
Kaya (KAYA) told the exchanges on 9 November 2026 at 02:33 PM that Vasuta Agarwal, Independent Director, has resigned; and Vasuta Agarwal as Non has resigned.
From the filing: "Vasuta Agarwal (DIN: 07480674), Non-Executive Independent Director of the Company, has tendered her resignation from the office of Independent Director of the Company, due to her personal and professional commitments, with effect from the closure of business hours on December 09, 2026."
Company snapshot
Kaya is a micro-cap company, with a market value of about ₹555 crore.
The stock last traded at ₹365.2, against a 52-week range of ₹224–₹439 (16.8% below the high).
Before this filing the shares had moved +10.4% over the month and +22.3% over three months. Average daily turnover over the last 20 sessions was about ₹0.29 crore.
Promoters held 51.43% at the end of Q1 FY27. Foreign institutions owned 0.71% and domestic institutions 2.99%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 53 | -14.1 | -10.76 |
| Q2 FY26 | 54 | -18.8 | -13.18 |
| Q3 FY26 | 60 | -35.6 | -23.41 |
| Q4 FY26 | 56 | -27.8 | -18.28 |
| Q1 FY27 | 60 | -15.2 | -9.99 |
What history shows
This is not the company's first management change disclosure: BCEIE has 10 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.7% on average the next trading day and was up 5.8% on average after five days (9 filings with price data).
Market-wide, 4,332 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 6 Nov 2026 | Management change | +5.0% | — |
| 2 Sept 2026 | Management change | +0.5% | +7.0% |
| 7 Aug 2026 | Appointment of Ms Vasuta Agarwal as Independent Director of the… | +6.7% | +24.2% |
| 3 Aug 2026 | Appointment of Company Secretary and Compliance Officer | −1.7% | +3.9% |
| 3 Aug 2026 | Management change | −1.7% | +3.9% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Kaya Limited Estimates – NSE:KAYA
- Kaya Ltd. Financials – Balance Sheet, Profit & Loss, Cash Flow
- Kaya Limited raises ₹50 crore through preferential allotment
- Kaya Limited announced that it has received INR 499.999515 million in funding from Axana Estates Llp, Plutus Investments India Private Limited
- Kaya Limited posts ₹7.1 crore standalone Q4 FY25 loss
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.