Personal care services provider Kaya (NSE:KAYA, BOM:539276) said its Singapore-based wholly-owned subsidiary KME Holdings has decided to pursue voluntary liquidation, according to a Tuesday filing to the Indian stock exchanges.
KMEH does not directly or indirectly have any business activity, therefore, it has decided to voluntarily wind-up as per the laws of Singapore.
Shares of the company were up 5% in recent trade.
Price (INR): ₹294.90, Change: ₹+13, Percent Change: +4.63%
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