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The board of directors of Kaya on Thursday approved the resolution to borrow ₹7 crore each from Harsh Mariwala and Rajendra Mariwala, Directors of the company. However, Kaya Ltd has not provided any other details (such as nature/structure, terms and purpose) of funds. Shares of Kaya closed 0.74 per cent higher at ₹327.80 on the BSE.
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