Kaya surges after its arm acquires 99% stake in Kaya Skin Care clinic LLC
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Kaya is currently trading at Rs. 338.00, up by 3.05 points or 0.91% from its previous closing of Rs. 334.95 on the BSE.
The scrip opened at Rs. 330.70 and has touched a high and low of Rs. 344.25 and Rs. 321.30 respectively. So far 1809 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 405.00 on 21-Oct-2022 and a 52 week low of Rs. 241.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 346.70 and Rs. 321.30 respectively. The current market cap of the company is Rs. 449.73 crore.
The promoters holding in the company stood at 59.93%, while Institutions and Non-Institutions held 2.07% and 38.01% respectively.
Kaya’s step down subsidiary -- Kaya Middle East FZE (KME FZE) has acquired a 99% equity stake in Kaya Skin Care clinic LLC (KSC LLC), a company operating clinics in Ras AL Khaimah, UAE, pursuant to recent changes in regulations which have liberalized foreign ownership. The company has acquired a 99% stake in KSC LLC on July 11, 2023.
Earlier, the company’s step down subsidiary -- Kaya Middle East FZE (KME FZE) had acquired a 100% equity stake in Kaya Beauty Clinic LLC SP (KBC LLC), a company operating clinics in Sharjah, UAE.
Kaya is a chain of skin care clinic offering various skin care services and beauty treatment.
