Kati Patang Lifestyle has allotted equity shares on a preferential basis to facilitate the acquisition of stakes in its subsidiaries. The board approved the issuance of shares to acquire a 100% stake in Agnetta International Private Limited and a further 1.43% stake in Empyrean Spirits Private Limited.

The company allotted 14,58,333 equity shares of ₹10 each at an offer price of ₹24 per share, including a premium of ₹14 per share. This issuance was for an aggregate consideration of ₹3,49,99,992 towards the acquisition of Agnetta International through a share swap arrangement.

In a separate transaction, Kati Patang Lifestyle allotted 2,77,760 equity shares of ₹10 each at an offer price of ₹24 per share. The allotment was for an aggregate consideration of ₹66,66,240 to acquire a further 27,776 equity shares, representing a 1.43% stake in Empyrean Spirits Private Limited. Shares held by Mr. Vivek Baid and Mr. Raguvir Gurumurthy in Empyrean Spirits could not be acquired due to procedural reasons.

Consequent to these allotments, the fully paid-up equity share capital of the company increased from ₹48,44,98,520 comprising 4,84,49,852 equity shares to ₹50,18,59,450 comprising 5,01,85,945 equity shares of ₹10 each.

Share Allotment Details

The following table summarizes the share allotment details for both acquisitions:

Allottee Details

The shares were allotted to non-promoters as part of the share swap arrangements. The table below details the allotment for the acquisition of Agnetta International:

For the acquisition of Empyrean Spirits Private Limited, the allotment details are as follows:

Kati Patang Lifestyle Limited announced on April 24, 2026, that its signature Saffron Lager has been awarded a Bronze Medal at the prestigious London Beer Competition 2026. The company disclosed this achievement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, highlighting the global recognition of its premium craft beer offering.

Award Recognition and Product Excellence

The Saffron Lager was recognized for its technical excellence and unique spiced beer profile on the global stage. The judging panel, comprising top-tier cicerones, sommeliers, and retail buyers, specifically commended the beer for its commercial viability and sophisticated integration of Himalayan saffron.

Management Commentary

Shantanu Upadhyay, Co-founder & CEO of Kati Patang Lifestyle Limited, stated that this recognition underscores the company's commitment to brewing excellence and operational precision. He emphasized that none of their brews are "me-too" products, with each one featuring unique native ingredients that appeal to both Indian palates and global audiences. Upadhyay noted that after being recognized as one of the best beers in India and winning accolades at the Berlin and New York International Beer Competitions, this award reinforces that Indian companies can produce world-beating products.

Lata Upadhyay, Co-founder & Chief Brand Officer, highlighted that winning at the London Beer Competition validates their mission to redefine craft beer globally and showcases the massive potential of Indian craft beer. She emphasized their commitment to using honest, Indian ingredients like saffron from Kashmir to create world-class experiences.

Strategic Global Positioning

This global accolade follows a period of rapid international expansion for the brand, including the recent acquisition of a majority stake in CHADKP HOLDINGS LIMITED, the parent company of Chadlington Brewery and The Tite Inn, Oxford. The win solidifies Kati Patang's mission to introduce bold, authentic Indian flavours to mature craft beer markets in the West.

Product Profile and Philosophy

The Saffron Lager represents the company's "India-In-A-Bottle" philosophy, blending traditional brewing techniques with premium indigenous ingredients. The beer is described as light-bodied, distinctive, clean and crisp, gently steeped in saffron from Kashmir. It is available in its gluten-free avatar in the UK, catering to diverse consumer preferences in international markets.

About the London Beer Competition

The London Beer Competition evaluates beers based on three key criteria: quality, value for money, and packaging appeal. The competition aims to recognize beer brands that have successfully targeted specific consumer segments and demonstrate clear market value for trade buyers. Award winners must demonstrate top-quality brewing, offer great value for money to both trade and consumers, and feature compelling packaging that stands out in retail environments.

Source: None/Company/IN9237C01014/0d1dcaab-658c-4de6-b23d-da399db0f8be.pdf