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 rights issue of 1,02,56,651 partly paid equity shares that were allotted on August 04, 2025, as per the Letter of Offer dated July 08, 2025.

Call Details and Payment Structure

The board has approved a first and final call of ₹10.00 per partly paid-up share, comprising ₹5.00 towards face value and ₹5.00 towards premium. This call applies to all 1,02,56,651 outstanding partly paid-up equity shares of face value ₹10.00 each with current paid-up value of ₹5.00 each.

Timeline and Payment Schedule

The board has established a comprehensive timeline for the call process. The record date has been fixed as Thursday, April 02, 2026, to determine holders of partly paid-up equity shares liable for the call payment. The payment period will commence on Friday, April 10, 2026, and conclude on Friday, April 24, 2026.

Trading Restrictions and Regulatory Compliance

Trading in the company's partly paid-up equity shares (ISIN: IN9237C01014) on BSE Limited will be suspended prior to the record date in accordance with the Letter of Offer and applicable regulatory guidelines. The company trades on BSE under the scrip symbol KATIPATANG with code 531126. The board has authorized the Rights Issue Committee to take necessary actions and decisions related to the call, which will be detailed in the forthcoming call notice.

Meeting Administration and Formal Notification

The board meeting was conducted at the company's corporate office at 504, Savitri Cinema Complex, Greater Kailash-II, New Delhi-110048, commencing at 04:00 p.m. IST and concluding at 05:00 p.m. IST. Company Secretary Sanjeev K Jha (FCS: 8690) signed the formal notification to BSE Limited, ensuring compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board has also authorized necessary actions for dispatching call letters and coordination with the Registrar and Transfer Agent. The formal notification was digitally signed and submitted to BSE on March 26, 2026, at 17:14:46 IST. Further details regarding the call will be included in the call notice to be dispatched to shareholders in due course.

Kati Patang Lifestyle Limited has scheduled an Extraordinary General Meeting (EGM) for Monday, April 06, 2026, at 3:00 PM IST through video conferencing to seek shareholder approval for strategic share swap arrangements worth Rs. 4.43 crore. The board of directors approved these transactions during their meeting held on March 12, 2026, involving the preferential issue of equity shares to acquire stakes in two private companies.

EGM Details and Voting Process

The company has provided electronic voting facilities for shareholders, with remote e-voting commencing on Friday, April 03, 2026, at 9:00 AM and ending on Sunday, April 05, 2026, at 5:00 PM. The record date for determining voting eligibility has been set as Monday, March 30, 2026.

Share Swap Arrangements Overview

The EGM will consider two special resolutions for strategic acquisitions through share swap arrangements. The transactions involve issuing 18,45,613 equity shares at Rs. 24 per share, determined in accordance with SEBI ICDR Regulations, 2018.

Strategic Acquisitions and Allottee Distribution

The first transaction involves acquiring 100% stake in Agnetta International Private Limited through the issuance of 14,58,333 equity shares to four proposed allottees. The major beneficiaries include Plumeria Hospital Pvt. Ltd. (4,65,572 shares), Komal Goyal (4,21,924 shares), and Puneet Ralhan (4,21,924 shares).

The second arrangement focuses on acquiring the remaining 2% stake in Empyrean Spirits Private Limited (ESPL) to make it a wholly-owned subsidiary. This involves issuing 3,87,280 equity shares to five shareholders, with Satish Krishnan receiving the largest allocation of 1,59,920 shares.

Shareholding Impact and Corporate Governance

Post-allotment, the combined shareholding of all proposed allottees will represent 4.27% of the company's total equity on a fully paid-up basis and 3.45% on a fully diluted basis. The company's post-issue share capital will comprise 4,31,78,893 equity shares of Rs. 10 each.

Regulatory Compliance and Next Steps

The preferential issue has been structured in compliance with Sections 23, 42, and 62 of the Companies Act, 2013, and Chapter V of SEBI ICDR Regulations. The relevant date for determining the minimum issue price was March 06, 2026, being 30 days prior to the EGM date. The company has obtained a certificate from practicing company secretary Saket Billa confirming compliance with SEBI ICDR Regulations.

The allotment must be completed within 15 days from the date of shareholder approval, subject to regulatory approvals. All equity shares will be issued in dematerialized form and will rank pari-passu with existing equity shares, including dividend and voting rights.