Kati Patang Lifestyle Limited has received a disclosure under SEBI Takeover Regulations from Shantanu Upadhyay and his Person Acting in Concert (PAC) Lata Upadhyay regarding substantial acquisition of shares through warrant conversion. The transaction was completed on February 21, 2026, with the formal disclosure submitted to BSE Limited on February 25, 2026.

Acquisition Details

The acquisition involved conversion of warrants into fully paid equity shares, resulting in allotment of 12,25,000 shares. The shares were distributed between Shantanu Upadhyay and his PAC as detailed in the regulatory filing.

Shareholding Pattern Changes

The warrant conversion has altered the shareholding pattern of both acquirers in Kati Patang Lifestyle Limited. The combined holding of Shantanu Upadhyay and his PAC has increased from 10.29% to 11.58%.

Before Acquisition:

After Acquisition:

Company Capital Structure

The equity share capital of Kati Patang Lifestyle Limited remains unchanged at Rs. 41,33,32,800 following the warrant conversion. The capital structure comprises 4,13,33,280 fully paid-up equity shares of face value Rs. 10 each and 1,02,56,651 partly paid-up equity shares of paid value Rs. 5 each.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirers confirmed they do not belong to the promoter or promoter group of the company. Kati Patang Lifestyle Limited shares are listed on BSE Limited.

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.