Kati Patang Lifestyle Limited has submitted a regulatory disclosure to the Bombay Stock Exchange under SEBI's substantial acquisition regulations. The filing, made on April 7, 2026, addresses compliance requirements under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulation 2011.

Regulatory Compliance Filing

The disclosure was filed by Company Secretary and Compliance Officer Sanjeev Kumar Jha (FCS: 8690) with the Bombay Stock Exchange. The filing was digitally signed on April 7, 2026, at 14:00:20 +05'30'. The company trades under the scrip symbol KATIPATANG with scrip code 531126.

Promoter Declaration

Promoter Gokul Naresh Tandan provided a declaration stating that promoters, promoter group members, and persons acting in concert made no encumbrance of shares during the financial year ended March 31, 2026. The declaration was digitally signed on April 7, 2026, at 13:59:32 +05'30'.

Compliance Framework

The filing demonstrates the company's adherence to SEBI's substantial acquisition regulations, which require periodic disclosures from promoters and promoter groups. These regulations ensure transparency in shareholding patterns and any changes in promoter holdings or encumbrances. Both documents were submitted to the Bombay Stock Exchange at Phroze Jeejeebhoy Towers, Dalai Street, Mumbai-400 011.

Kati Patang Lifestyle Limited has formally disclosed to BSE that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) regulatory framework for the financial year 2026-27. The company made this disclosure in compliance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and BSE Circular No. LIST/COMP/05/2019-20 dated April 11, 2019.

Regulatory Compliance Framework

The disclosure relates to SEBI's framework governing fund raising through debt securities by Large Corporates. Under the regulations, companies meeting specific criteria are classified as Large Corporates and must comply with additional disclosure and compliance requirements when raising funds through debt securities.

Company's Financial Position

Kati Patang Lifestyle Limited confirmed that it does not fulfill the Large Corporate criteria as 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 Rs 100 crore threshold requirement.

Disclosure Requirements

The company submitted the required disclosure under SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613, confirming its status as "Not a Large Corporate" as per the applicability criteria given under Chapter XII of SEBI Operational circular dated August 10, 2021. The disclosure was signed by Company Secretary Sanjeev K Jha (FCS: 8690) and CFO Athar Ahmed on April 7, 2026.

Market Context

This disclosure provides clarity to investors and stakeholders regarding the company's regulatory status and borrowing position. Companies that do not meet the Large Corporate threshold are subject to different compliance requirements under SEBI's debt securities framework, which can impact their fund-raising strategies and regulatory obligations.