Kaya Limited independent director resigns, effective 9 December 2026

Kaya Limited said in a filing with the National Stock Exchange on 9 November 2026 that a non-executive independent director has resigned from its board. According to the filing, the resignation takes effect at the close of business hours on 9 December 2026.

The company made the disclosure under Regulation 30 of the SEBI Listing Regulations, the rule that requires listed companies to tell the stock exchanges about important events, including changes in their directors.

What Happened

In its filing, Kaya Limited said the non-executive independent director has tendered her resignation from the office of independent director of the company. The filing says the reason is her personal and professional commitments.

The resignation takes effect from the closure of business hours on 9 December 2026. The company said that, as a result, she will also cease to be a member of its Nomination and Remuneration Committee from the same time.

The company's filing adds: "It is further informed that there is no material reason for her resignation other than the reason stated above." The annexure to the filing says the director has herself confirmed that there are no material reasons other than those she mentioned. In her resignation letter, dated 9 November 2026, she wrote that she tendered her resignation "due to personal and professional commitments" and confirmed there is no other material reason.

The filing also says the director holds a non-executive independent directorship in one other listed company. It says the resignation letter, with the detailed reason, was enclosed with the filing. The filing was signed by the company's company secretary and compliance officer. The filing does not say who will replace the director on the board or on the committee.

What It Means

An independent director is a board member who has no executive role in the company and is meant to look after the interests of all shareholders, not only those of the promoters or management. When one resigns, listed companies must tell the exchanges and, in most cases, give the reason.

This filing records the company's disclosure and the director's stated reason. It does not report any dispute, any finding of wrongdoing or any other cause for the exit, and it should not be read as one. The director has said in writing that no other material reason exists.

Shareholders of Kaya Limited can read the full text of the company's filing with the National Stock Exchange for the details, including the annexure. Further disclosures about the board, including any appointment to fill the vacancy, would have to come from the company in its own filings.

Investors with a complaint against a listed company can use the SEBI complaints portal, SCORES, at https://scores.sebi.gov.in.

Oquilia Data: Kaya Ltd. (NSE: KAYA)

Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.

Source: Company filing on NSE