Alt-Attitude Advisors LLP Increases Stake in Kati Patang Lifestyle Limited Through Warrant Conversion

1 min read     Updated on 30 Mar 2026, 10:09 PM
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AI Summary

Alt-Attitude Advisors LLP disclosed acquisition of 18,60,000 shares in Kati Patang Lifestyle Limited through warrant conversion on February 21, 2026. The acquisition increased Alt-Attitude Advisors' shareholding from 5.12% to 8.18%, while combined holding with PAC Amitoj Arya rose from 9.36% to 11.98%. The transaction was disclosed under SEBI Takeover Regulations with BSE Limited on February 25, 2026.

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Alt-Attitude Advisors LLP has made a substantial acquisition disclosure regarding its increased shareholding in kati patang lifestyle Limited. The acquisition was completed through conversion of warrants into equity shares on February 21, 2026.

Acquisition Details

The transaction involved conversion of warrants held by Alt-Attitude Advisors LLP into 18,60,000 fully paid equity shares. This acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter: Details
Acquisition Mode: Allotment of shares pursuant to warrant conversion
Number of Shares: 18,60,000
Acquisition Date: February 21, 2026
Disclosure Date: February 25, 2026

Shareholding Changes

The warrant conversion significantly altered the shareholding pattern of Alt-Attitude Advisors LLP and its associated entities in Kati Patang Lifestyle Limited.

Entity: Before Acquisition After Acquisition Change
Alt-Attitude Advisors LLP: 5.12% (23,60,999 shares) 8.18% (34,20,999 shares) +3.06%
Amitoj Arya (PAC): 4.25% (19,60,050 shares) 3.80% (15,20,050 shares) -0.45%
Combined Holding: 9.36% 11.98% +2.62%

Company Structure

Kati Patang Lifestyle Limited's equity structure consists of both fully paid-up and partly paid-up equity shares. The company's share capital comprises:

  • 4,13,33,280 fully paid-up equity shares of face value Rs. 10 each
  • 1,02,56,651 partly paid-up equity shares of paid value Rs. 5 each
  • Total equity share capital: Rs. 41,33,32,800

Regulatory Compliance

Alt-Attitude Advisors LLP, along with its person acting in concert Amitoj Arya, does not belong to the promoter or promoter group of Kati Patang Lifestyle Limited. The disclosure was filed with BSE Limited, where the company's shares are listed, ensuring compliance with regulatory requirements for substantial acquisitions exceeding specified thresholds.

Historical Stock Returns for Kati Patang Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-12.38%-16.81%-0.55%-38.78%+975.14%

Will Alt-Attitude Advisors LLP continue acquiring shares to reach the 15% threshold that would trigger an open offer requirement?

How might this increased institutional holding impact Kati Patang Lifestyle's stock liquidity and market valuation in the coming quarters?

What strategic initiatives or business expansion plans could Alt-Attitude Advisors be positioning for with this increased stake?

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Kati Patang Lifestyle Board Approves First Call on Rights Shares Worth ₹10.26 Crore

2 min read     Updated on 27 Mar 2026, 01:25 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Kati Patang Lifestyle Limited's board has approved a first and final call of ₹10 per share on 1,02,56,651 partly paid-up rights shares, totaling ₹10.26 crore. The record date is set for April 2, 2026, with payment period from April 10-24, 2026. Trading in partly paid shares will be suspended prior to record date as per regulatory guidelines.

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Kati patang lifestyle Limited's board of directors has approved the first and final call on its outstanding partly paid-up rights shares during their meeting held on March 26, 2026. The decision follows the company's earlier rights issue of 1,02,56,651 partly paid equity shares conducted under the Letter of Offer dated July 8, 2025, with shares allotted on August 4, 2025.

Board Meeting Outcome and Call Details

The board meeting, which commenced at 4:00 PM IST and concluded at 5:00 PM IST, resulted in the approval of a first and final call of ₹10 per share on 1,02,56,651 partly paid-up equity shares. The call comprises ₹5 towards face value and ₹5 towards premium, bringing the total call amount to ₹10.26 crore.

Parameter: Details
Call Amount: ₹10 per share
Face Value Component: ₹5 per share
Premium Component: ₹5 per share
Total Shares: 1,02,56,651
Total Call Amount: ₹10.26 crore
BSE Scrip Code: KATIPATANG / 531126

Key Dates and Payment Timeline

The board has established a comprehensive timeline for the call payment process. The record date has been fixed as Thursday, April 2, 2026, which will determine the holders of partly paid-up equity shares liable to pay the call money. The payment period will commence on Friday, April 10, 2026, and conclude on Friday, April 24, 2026.

Timeline: Date
Record Date: Thursday, April 2, 2026
Payment Period Start: Friday, April 10, 2026
Payment Period End: Friday, April 24, 2026
Original Allotment Date: August 4, 2025
Letter of Offer Date: July 8, 2025

Trading Suspension and Regulatory Compliance

The company has informed BSE Limited that trading in partly paid-up equity shares (ISIN: IN9237C01014) will be suspended prior to the record date in accordance with the Letter of Offer and applicable regulatory guidelines. The board has authorized the Rights Issue Committee to take necessary actions and make decisions related to the call, which will be detailed in the forthcoming call notice.

Corporate Governance and Documentation

Company Secretary Sanjeev K Jha (FCS: 8690) signed the official communication to BSE Limited, ensuring compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will dispatch call letters to shareholders and coordinate with the Registrar and Transfer Agent for the smooth execution of the call process. Further details regarding the call will be included in the call notice that will be dispatched to shareholders in due course.

Historical Stock Returns for Kati Patang Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-12.38%-16.81%-0.55%-38.78%+975.14%

How will the ₹10.26 crore capital infusion impact Kati Patang Lifestyle's expansion plans and operational capabilities?

What happens to shareholders who fail to pay the call money by the April 24, 2026 deadline?

Will the company consider additional fundraising activities if the call money collection falls short of expectations?

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1 Year Returns:-38.78%