Koiya International Ltd Concludes 32nd AGM with Key Board Appointments

Shareholders approved all six resolutions with over 99% support across the board. The company formalized the appointment of Mrs. Kattakota Satyabati Devi as Managing Director.

Reader Takeaway: Stable board transition with MD appointment and share capital reduction updates finalized by shareholder vote.

What just happened

Koiya International Ltd held its 32nd Annual General Meeting on September 30, 2026, via video conferencing. Shareholders cast their votes entirely through remote e-voting, resulting in the adoption of all six proposed resolutions. These included the approval of audited financial statements for FY 2025-26 and several key board-level changes.

Governance and Board Update

A major outcome of the meeting was the formal appointment of Mrs. Kattakota Satyabati Devi as the Managing Director of the company for a three-year term. Shareholders also regularized her position as a Director and approved the appointment of Mr. Arunraj Charivukalayil Baburaj as a Non-Executive, Non-Independent Director. Additionally, Mrs. Linta Purayidathil Jose was re-appointed as a Director following her retirement by rotation.

Corporate Action

The company received approval to modify Paragraph 10.3 of its existing Scheme of Reduction of Share Capital. This adjustment pertains specifically to the company's shareholding pattern. These changes were part of the special resolutions brought forward by the board and received strong support from participating shareholders.

What to track next

Investors should monitor the official implementation of the modified share capital reduction scheme and the subsequent regulatory filings regarding the board's new composition. The focus remains on how the newly appointed leadership team executes the company’s strategic initiatives following this administrative consolidation.