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.

Kati patang lifestyle Limited has formally notified BSE about its upcoming board meeting to consider significant capital raising proposals under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company's formal communication demonstrates adherence to regulatory compliance while pursuing strategic capital structure enhancement.

Board Meeting Notification Details

The company has issued a prior intimation to BSE Limited regarding the scheduled board meeting with comprehensive details for stakeholder awareness.

Capital Raising Instruments Under Consideration

The board will evaluate multiple capital raising mechanisms in accordance with SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018. The comprehensive approach provides flexibility in fundraising strategies while ensuring regulatory compliance.

Regulatory Compliance and Approvals

The capital raising proposals will be subject to necessary approvals including shareholder consent where required. The company has emphasized compliance with SEBI regulations and proper authorization procedures for any capital raising initiative.

Trading Window Restrictions

In accordance with the company's Code of Internal Procedures & Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015, trading restrictions have been implemented. The trading window will remain closed for all designated persons and their immediate relatives until 48 hours after the board meeting concludes, ensuring fair market practices and preventing misuse of price-sensitive information.

Corporate Information

The notification was signed by Company Secretary Sanjeev K Jha (FCS: 8690) and includes the company's complete corporate details including CIN: L72200DL1992PLC047931, registered office at S-101, Panchsheel Park, New Delhi, and corporate office contact information.