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.

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.

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.

Kati Patang Lifestyle Limited has announced an independent directors meeting scheduled for March 31, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulation 29. The company formally notified The Stock Exchange Mumbai about this meeting through an official communication dated March 23, 2026.

Meeting Details

The independent directors meeting will be held at the company's corporate office, providing a structured platform for governance review and assessment. The company trades on BSE under scrip code 531126.

Meeting Agenda

The independent directors will address several critical governance and performance evaluation matters during their session. The comprehensive agenda focuses on board effectiveness and corporate governance standards.

Regulatory Compliance

The meeting demonstrates Kati Patang Lifestyle Limited's commitment to maintaining robust corporate governance standards. The session aligns with SEBI's regulatory requirements for independent director meetings, ensuring proper oversight and evaluation mechanisms are in place.

Company Secretary Sanjeev K Jha (FCS: 8690) signed the official notification with digital signature on March 23, 2026, confirming the company's adherence to disclosure requirements and regulatory protocols established under the listing obligations framework.