Kati Patang Lifestyle Limited Board Meeting Scheduled for March 03, 2026 Under Regulation 29

1 min read     Updated on 26 Feb 2026, 05:51 PM
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Kati Patang Lifestyle Limited has issued formal notification to BSE regarding its board meeting scheduled for March 03, 2026, to deliberate on capital raising proposals including equity shares, convertible securities, warrants, and other equity-linked instruments through various permissible modes under SEBI regulations, with appropriate trading window restrictions implemented for designated persons.

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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.

Parameter: Details
Meeting Date: March 03, 2026
Meeting Time: 4:00 P.M.
Venue: Corporate Office, 504, Savitri Cinema Complex, Greater Kailash-II, New Delhi-110 048
BSE Scrip Symbol: KATIPATANG
BSE Scrip Code: 531126
Regulatory Framework: Regulation 29 of SEBI LODR 2015

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.

Instrument Type: Issuance Mode
Equity Shares: Private offerings, preferential issue, rights issue
Convertible Securities: Various permissible modes
Warrants: Subject to regulatory approvals
Other Equity Linked Securities: As per SEBI regulations

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.

Historical Stock Returns for Kati Patang Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
+1.48%-5.65%-6.47%+15.35%-31.04%+1,175.28%
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KATI PATANG LIFESTYLE LIMITED completes warrant conversion, allots 54,35,000 shares

2 min read     Updated on 21 Feb 2026, 08:09 PM
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KATI PATANG LIFESTYLE LIMITED successfully completed its warrant conversion program by allotting 54,35,000 equity shares of ₹10 face value to 15 warrant holders across promoter and non-promoter categories, raising ₹4,07,62,500. The board meeting held on February 21, 2026, approved the conversion with Alt Attitude Advisory LLP receiving the largest allocation of 18,60,000 shares, while the company's paid-up capital increased to 4,13,33,280 shares with no warrants remaining outstanding.

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KATI PATANG LIFESTYLE LIMITED has successfully completed the conversion of warrants into equity shares following its board meeting held on February 21, 2026. The company allotted 54,35,000 equity shares of face value ₹10.00 each to 15 warrant holders from both promoter and non-promoter groups, raising ₹4,07,62,500 through the conversion process.

Board Meeting Outcome and Regulatory Compliance

The board meeting, conducted from 4:00 PM to 5:00 PM IST on February 21, 2026, approved the conversion of warrants originally issued on August 22, 2024. The conversion was executed following the exercise of options by warrant holders, with approval previously granted at the EGM held on July 25, 2024. The process was conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Total Shares Allotted: 54,35,000 equity shares
Face Value: ₹10.00 per share
Amount Raised: ₹4,07,62,500
Exercise Price: ₹7.50 per warrant
BSE Scrip Code: 531126

Detailed Allottee Distribution and Holdings

The allotment was distributed among 15 warrant holders across promoter and non-promoter categories. Warrant holders paid the remaining exercise price of ₹7.50 per warrant, representing 75% of the warrant exercise price of ₹10.00 per warrant.

Category: Number of Allottees Shares Allotted Amount Received
Promoter Group: 3 persons 15,30,000 shares ₹1,14,75,000
Non-Promoter Group: 12 persons 39,05,000 shares ₹2,92,87,500
Total: 15 persons 54,35,000 shares ₹4,07,62,500

Major Allottees and Individual Holdings

Among the significant allottees, Alt Attitude Advisory LLP received the largest allocation of 18,60,000 equity shares for ₹1,39,50,000 in the non-promoter category. In the promoter category, Gokul Naresh Tandan received 6,50,000 equity shares for ₹48,75,000, while Samrath Bedi from the promoter group received 7,50,000 shares for ₹56,25,000. Other notable allottees include Shantanu Upadhyay with 8,50,000 shares and Sanjay K Jain with 4,00,000 shares.

Impact on Share Capital and Outstanding Warrants

Following this allotment, the company's paid-up equity share capital increased from 3,58,98,280 equity shares to 4,13,33,280 equity shares. The newly allotted equity shares rank pari-passu with existing fully paid equity shares, including dividend rights. Notably, this conversion completes the warrant exercise process, with no warrants remaining outstanding for future conversion, as confirmed in the regulatory disclosure.

Previous Warrant Conversion History

The company had previously converted 14,75,000 warrants on March 28, 2025, indicating a phased approach to warrant conversion. The total original warrant issuance was 69,10,000 warrants, with the current conversion of 54,35,000 warrants completing the entire warrant conversion program. The announcement was digitally signed by Sanjeev Kumar Jha, Company Secretary (FCS: 8690), and the information has been made available on the company's website at www.katipatang.com .

Historical Stock Returns for Kati Patang Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
+1.48%-5.65%-6.47%+15.35%-31.04%+1,175.28%
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1 Year Returns:-31.04%