Kati patang lifestyle Limited announced significant board changes and corporate restructuring decisions following its board meeting held on January 28, 2026. The meeting, which commenced at 2:00 PM and concluded at 4:00 PM, addressed key appointments and capital structure modifications that require shareholder approval.

Key Board Appointments

The board approved two strategic director appointments based on recommendations from the Nomination and Remuneration Committee. Ms. Natasha Goyal (DIN: 07066059) was appointed as Independent Director for a five-year term effective January 28, 2026. Simultaneously, Mr. Rajeev Talwar (DIN: 01440785) was appointed as Additional Executive Director, holding office until the next Annual General Meeting.

Director Profiles and Qualifications

Ms. Natasha Goyal, aged 37 years, brings extensive experience as a practicing Company Secretary with qualifications in CS and LLM. She graduated from Delhi University and established her consultancy firm in 2013, gaining 15 years of experience across diverse sectors including Capital Markets, FMCG, Production, and Real Estate.

Mr. Rajeev Talwar is a post-graduate from St. Stephens College, Delhi University, and former CEO and Executive Director of DLF. He has held critical positions in Central and State Governments and Union Territories. Recently, he served as President of PHD Chamber of Commerce and Industry and Chair of the National Real Estate Development Council.

Capital Structure Enhancement

The board approved a significant increase in authorized share capital from Rs. 50 crore to Rs. 55 crore. This restructuring involves expanding from 5 crore equity shares to 5 crore 50 lakh equity shares of Rs. 10 each, subject to shareholder approval.

Extraordinary General Meeting Arrangements

The board approved convening an Extraordinary General Meeting on February 20, 2026, at 11:00 AM through Video Conferencing and Other Audio-Visual Means. The meeting will comply with Companies Act, 2013 provisions and MCA circulars. M/s Saket Billa & Associates (Membership No. ACS 22007, COP No. 21904) were appointed as Scrutinizers for the EGM proceedings.

Company Secretary Mr. Sanjeev K Jha (FCS: 8690) has been authorized to issue the EGM notice and undertake necessary regulatory filings. Both director appointments and the capital increase require shareholder approval at the upcoming EGM, marking significant corporate governance developments for the company.

Kati Patang Lifestyle Limited has secured a crucial regulatory approval that enables its subsidiary company to commence retail operations in Chhattisgarh. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Excise Department Approval Details

The Chhattisgarh Excise Department granted approval on December 10, 2025, for brand/label registration that permits retail sales within the state. This approval specifically covers the operations of Empyrean Spirits Private Limited, which is identified as a material subsidiary of Kati Patang Lifestyle Limited.

Subsidiary Operations License

With this approval, Empyrean Spirits Private Limited is now officially licensed to sell its specific products in the state of Chhattisgarh. The licensing represents a significant operational milestone for the subsidiary, enabling it to establish retail presence and commence commercial activities in the region.

The approval documentation includes detailed product specifications and regulatory compliance requirements that the subsidiary must adhere to while conducting retail operations in the state.

Product Portfolio Authorization

The excise approval covers multiple product categories under the subsidiary's portfolio. The documentation reveals authorization for various alcoholic beverage products, including blended spirits and premium variants, each with specific pricing and regulatory classifications.

Key product categories approved for retail sales include:

• Premium blended spirits under different brand names
• Reserve category blended beverages
• Agricultural rum products
• Various capacity bottles with specified pricing structures

Regulatory Compliance

The approval comes with comprehensive regulatory guidelines that Empyrean Spirits must follow for retail operations in Chhattisgarh. The excise department has outlined specific compliance requirements, pricing structures, and operational parameters that govern the subsidiary's commercial activities.

Kati Patang Lifestyle Limited has formally communicated this development to BSE, where the company trades under the scrip symbol KATIPATANG with scrip code 531126. The company emphasized that this approval enables its subsidiary to legally conduct retail sales of its products within Chhattisgarh state boundaries.