Kiaasa Retail Limited submitted a regulatory disclosure to BSE Limited (SME Platform) regarding a board decision. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors of the Company, at its meeting held on Friday, November 13, 2026, considered and approved the proposal for engaging an external agency to provide third-party services to the Company. The specific services outlined are payroll processing, recruitment, and statutory compliance.
The Board has authorized the management of the Company to undertake the process of identifying, evaluating, negotiating, finalizing, and appointing a suitable agency for these services. The management is also authorized to determine the scope of work, commercial terms, and all other terms and conditions for the engagement, as deemed appropriate in the interest of the Company.
The letter was digitally signed by Kanishka Singhal, Company Secretary (Membership No. A39678), on behalf of Kiaasa Retail Limited.
Financial Impact
Financial impact not quantified in the disclosure.