Kati patang lifestyle Limited has announced that its Board of Directors will convene on March 12, 2026, to consider and approve the issuance of securities, including equity shares and other eligible securities. The meeting notification was submitted to BSE Limited on March 6, 2026, in compliance with regulatory requirements.

Board Meeting Details

The upcoming board meeting is directly connected to proposed acquisitions that received approval during the company's previous board meeting held on March 5, 2026. The March 12, 2026 meeting will specifically focus on securities issuance matters and related incidental issues.

Regulatory Compliance

The company has issued this notification pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates prior intimation to stock exchanges regarding board meetings that may consider material corporate actions.

Trading Window Restrictions

In accordance with the company's internal procedures under SEBI (Prohibition of Insider Trading) Regulations, 2015, Kati Patang Lifestyle Limited has implemented a trading window closure. This restriction applies to all designated persons and their immediate relatives for dealing in the company's securities.

The notification was signed by Company Secretary Sanjeev K Jha (FCS: 8690) and submitted digitally on March 6, 2026. The company operates from its registered office in Panchsheel Park, New Delhi, with corporate offices in Greater Kailash-II, New Delhi.

Kati Patang Lifestyle Limited announced two strategic acquisitions following its Board of Directors meeting held on March 03, 2026, as disclosed in its official BSE filing under Regulation 30 of SEBI Listing Regulations. The company approved the acquisition of 100% stake in Agnetta International Private Limited and the remaining 2% stake in Empyrean Spirits Private Limited through share swap arrangements, totaling Rs. 4,46,82,000/-.

Agnetta International Complete Acquisition

The board approved the complete acquisition of Agnetta International Private Limited, an Indian company engaged in trading premium quality imported wines and spirits. The transaction will be executed through a share swap arrangement worth Rs. 3,50,00,000/-.

Agnetta International has demonstrated consistent growth with turnover increasing from Rs. 4.94 Crore in FY 22-23 to Rs. 6.04 Crore in FY 24-25. The acquisition aims to strategically diversify into the premium imported wines and spirits segment, expanding revenue streams and enhancing long-term shareholder value.

Empyrean Spirits Remaining Stake Acquisition

The board also approved acquiring the remaining 2% stake in Empyrean Spirits Private Limited (ESPL) for Rs. 96,82,000/- through share swap arrangement. This acquisition involves 38,728 equity shares of Rs. 10/- each, making ESPL a wholly owned subsidiary.

Empyrean Spirits operates under the "Kati Patang" brand name as an Indian craft beer company that brews traditional styles with a unique twist. The company has shown remarkable growth, with turnover increasing from Rs. 3.59 Crore in FY 22-23 to Rs. 16.56 Crore in FY 24-25.

Transaction Structure and Regulatory Framework

Both acquisitions will be executed through share swap arrangements under Chapter V of SEBI ICDR Regulations rather than cash consideration. The transactions are structured outside the purview of related party transactions, with no promoter or group company interest in the entities being acquired.

Strategic Business Expansion Impact

These acquisitions represent the company's strategic expansion into complementary lifestyle-oriented segments. The Agnetta International acquisition provides entry into the premium imported wines and spirits trading market, while completing the Empyrean Spirits acquisition strengthens the company's position in the craft beer manufacturing segment.

The board meeting was held at the company's corporate office at 504, Savitri Cinema Complex, Greater Kailash-II, New Delhi, commencing at 04:00 p.m. (IST) and concluding at 07:30 p.m. (IST). Both transactions are subject to shareholder approval, with detailed disclosure terms to be provided upon approval of share issue terms as per applicable SEBI regulations.