Kaya inches up as its arm increasing stake in IRIS Medical Centre LLC

Kaya is currently trading at Rs. 370.85, up by 0.30 points or 0.08% from its previous closing of Rs. 370.55 on the BSE.

The scrip opened at Rs. 370.85 and has touched a high and low of Rs. 370.85 and Rs. 368.45 respectively.

EPFO 25
EPFO 25

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 575.00 on 21-Oct-2021 and a 52 week low of Rs. 243.00 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 382.80 and Rs. 352.30 respectively. The current market cap of the company is Rs. 484.09 crore.

The promoters holding in the company stood at 59.93%, while Institutions and Non-Institutions held 2.27% and 37.80% respectively.

Kaya’s wholly owned subsidiary — Kaya Middle East DMCC (DMCC) is increasing its stake in IRIS Medical Centre LLC, (subsidiary of DMCC) from existing 85% to now 100%.

Therefore, IRIS Medical Centre LLC will become a wholly owned (100%) subsidiary of DMCC. Cost of acquisition or the price at which the shares are acquired is AED 22,500.

Kaya is a chain of skin care clinic offering various skin care services and beauty treatment.