Kati Patang Lifestyle Reports Q3FY26 Rights Issue Proceeds Utilization of ₹8.979 Crores

2 min read Updated on 14 Feb 2026, 09:15 AM

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Naman SScanX News Team

AI Summary

Kati Patang Lifestyle Limited reported utilization of ₹8.979 crores from its ₹20.51 crore rights issue for Q3FY26, with major deployments including ₹6.230 crores in subsidiary ESPL and ₹2.118 crores for acquiring 51% stake in UK-based CHADKP Holdings Ltd. The monitoring agency confirmed no deviations from stated objectives, with ₹1.076 crores remaining unutilized and invested in fixed deposits.

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Kati Patang Lifestyle Limited has filed its quarterly monitoring agency report with BSE, providing detailed insights into the utilization of proceeds from its ₹20.51 crore rights issue for the quarter ended December 31, 2025. The report, prepared by monitoring agency Acuité Ratings & Research Limited, confirms systematic deployment of funds across the company's stated objectives without any material deviations.

Rights Issue Overview

The company successfully completed its rights issue during July 17, 2025 to August 01, 2025, raising gross proceeds of ₹20.51 crores. After deducting issue-related expenses of ₹0.40 crores, the net proceeds stood at ₹20.11 crores.

Particulars	Amount (₹ Crores)
Gross Proceeds	20.51
Less: Issue Related Expenses	0.40
Net Proceeds	20.11

Fund Utilization Progress

As of December 31, 2025, Kati Patang Lifestyle has utilized ₹8.979 crores from the raised funds across three primary objectives. The company deployed ₹3.345 crores during Q3FY26, bringing the cumulative utilization to ₹8.979 crores.

Objective	Allocated Amount (₹ Crores)	Utilized Amount (₹ Crores)	Q3FY26 Deployment (₹ Crores)
Investment in Subsidiary ESPL	13.10	6.230	0.830
Acquisitions and Investments	5.01	2.118	2.118
General Corporate Purposes	2.00	0.631	0.397
Total	20.11	8.979	3.345

Strategic Investment Activities

The company's largest deployment involved ₹6.230 crores invested in its subsidiary ESPL for working capital requirements, representing the primary focus area for fund utilization. During Q3FY26, an additional ₹0.830 crores was channeled toward this objective.

In a significant strategic move, Kati Patang Lifestyle utilized ₹2.118 crores as an advance to increase its stake to 51% in CHADKP Holdings Ltd., a UK-based parent company of Chadlington Brewery and The Tite Inn in Oxfordshire, England. This investment aligns with the company's stated objective of funding unidentified acquisitions and investments.

For general corporate purposes, the company deployed ₹0.631 crores, primarily covering legal compliances, salary payments, office expenses, and marketing-related expenditures.

Unutilized Funds Management

The company maintains ₹1.076 crores in unutilized proceeds, with ₹1.009 crores deployed in fixed deposits with HDFC Bank earning 5.25% returns and ₹0.067 crores available in current account. The fixed deposit, maturing on March 18, 2026, has generated ₹0.011 crores in earnings.

Investment Type	Amount (₹ Crores)	Maturity Date	Return Rate	Earnings (₹ Crores)
HDFC Bank Fixed Deposit	1.009	March 18, 2026	5.25%	0.011
Current Account Balance	0.067	-	-	-
Total Unutilized	1.076	-	-	0.011

Compliance and Monitoring

The monitoring agency confirmed that all fund utilizations align with disclosures in the offer document, with no material deviations observed. The company has obtained necessary government and statutory approvals where required, and no unfavorable events affecting project viability were identified during the quarter.

Kati Patang Lifestyle operates in the breweries & distilleries and fast-moving consumer goods sectors, with Mr. Gokul Naresh Tandan as the promoter. The company's systematic approach to fund deployment demonstrates adherence to regulatory requirements under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.