Kati Patang Lifestyle Limited successfully concluded its Extraordinary General Meeting on April 6, 2026, with the scrutinizer's report confirming overwhelming shareholder approval for strategic acquisition proposals. The meeting, conducted through video conference, demonstrated strong shareholder engagement with comprehensive voting participation.

Meeting Details and Participation

The Extraordinary General Meeting commenced at 03:00 PM and concluded at 03:25 PM on Monday, April 6, 2026. The meeting was conducted in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, with proceedings being recorded for transparency.

Voting Results and Approval

Scrutinizer Saket Billa submitted the comprehensive voting report on April 7, 2026, confirming that both special resolutions were passed with requisite majority. The voting process included both remote e-voting and e-voting during the meeting.

Strategic Acquisition Approvals

Both special resolutions received identical voting results, demonstrating unanimous shareholder confidence in the company's expansion strategy.

Resolution 1: Agnetta International Acquisition

The acquisition of 100% stake in Agnetta International Private Limited through preferential issue of equity shares via share swap arrangement was approved with 99.99% majority.

Resolution 2: Empyrean Spirits Acquisition

The acquisition of 38,728 equity shares in Empyrean Spirits Private Limited, representing approximately 2% equity to make it a wholly owned subsidiary, was similarly approved with 99.99% majority.

Management and Regulatory Compliance

The meeting featured comprehensive representation from the company's leadership team, ensuring proper governance and stakeholder communication. Key participants included Mr. Gokul Naresh Tandan (Chairman & Managing Director), Mr. Sanjay K Jain and Ms. Geeta Singh (Independent Directors), Mr. Athar Ahmad (CFO), and Mr. Saket Billa (Secretarial Auditor).

The scrutinizer's report was prepared in accordance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The cut-off date for voting rights was set as March 30, 2026, with remote e-voting conducted from April 3-5, 2026.

Corporate Communication and Transparency

Company Secretary Sanjeev K Jha facilitated the proceedings and submitted the scrutinizer's report to BSE Limited on April 7, 2026. The notice for the EGM was dispatched on March 12, 2026, and published in Jansatta (Hindi) and Financial Express (English) newspapers, ensuring comprehensive stakeholder communication and regulatory compliance.

Kati Patang Lifestyle Limited has filed its annual disclosure with BSE confirming that it does not meet the criteria for classification as a Large Corporate under SEBI regulations. The company submitted this mandatory filing on April 7, 2026, pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising through debt securities by Large Corporates.

Regulatory Compliance Status

The kati patang lifestyle management confirmed that the company does not fulfill the Large Corporate criteria specified in para 2.2.ii of the SEBI circular. The primary reason cited is that the company's long-term borrowings remain below the ₹100 crore threshold that defines Large Corporate status under the regulatory framework.

Financial Position Disclosure

As part of the mandatory disclosure requirements, the company provided detailed information about its borrowing status:

The disclosure reveals that the company has zero outstanding borrowings from debt securities issuance as of March 31, 2026. Additionally, no credit rating information was applicable during the previous financial year, further indicating the company's minimal reliance on debt financing.

Regulatory Framework Context

The filing references multiple regulatory circulars, including SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 and BSE Circular No. LIST/COMP/05/2019-20 dated April 11, 2019. These regulations mandate specific disclosures and compliance requirements for companies that qualify as Large Corporates, particularly regarding their debt securities issuance activities.

Management Authorization

The disclosure was formally authorized by key company officials:

• Company Secretary: Sanjeev K Jha (FCS: 8690)
• CFO: Athar Ahmed

Both officials digitally signed the document on April 7, 2026, ensuring proper corporate governance compliance. The company explicitly confirmed its non-Large Corporate status under Chapter XII of the SEBI Operational circular dated August 10, 2021, reinforcing its regulatory compliance position for FY 2026-27.