Kati Patang Lifestyle Receives Excise Department Approval for Subsidiary's Retail Operations

1 min read     Updated on 11 Dec 2025, 12:38 PM
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Shriram SScanX News Team
Overview

Kati Patang Lifestyle Limited announced receiving Chhattisgarh Excise Department approval dated December 10, 2025, for its material subsidiary Empyrean Spirits Private Limited. The approval covers brand/label registration for retail sales in the state, officially licensing the subsidiary to sell its specific alcoholic beverage products. The regulatory filing under SEBI Regulation 30 highlights this operational milestone that enables the subsidiary to establish retail presence and commence commercial activities in Chhattisgarh.

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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.

Parameter: Details
Approval Date: December 10, 2025
Issuing Authority: Chhattisgarh Excise Department
Subsidiary Company: Empyrean Spirits Private Limited
Approval Type: Brand/Label Registration
Scope: Retail Sales in Chhattisgarh

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.

Historical Stock Returns for Kati Patang Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
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Kati Patang Lifestyle Extends Rights Issue Closing Date to August 1, 2025

1 min read     Updated on 23 Jul 2025, 06:48 PM
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Reviewed by
Naman SScanX News Team
Overview

Kati Patang Lifestyle Limited has extended the closing date of its ongoing rights issue from July 25, 2025, to August 1, 2025. The extension provides shareholders additional time to participate. Key dates include: Last date for on-market renunciation - July 22, 2025; Last date for off-market renunciation - July 31, 2025; Basis of allotment - August 4, 2025; Credit and listing of rights equity shares - August 5, 2025; Commencement of trading - August 6, 2025. No other changes have been made to the Letter of Offer or Common Application Form.

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Kati Patang Lifestyle Limited , formerly known as VirtualSoft Systems Limited, has announced an extension to the closing date of its ongoing rights issue. The company's Rights Issue Committee has decided to push the deadline from July 25, 2025, to August 1, 2025, providing shareholders with additional time to exercise their rights.

Key Details of the Rights Issue Extension

  • Original Opening Date: July 17, 2025
  • New Closing Date: August 1, 2025 (extended from July 25, 2025)
  • Last Date for Off-Market Renunciation: July 31, 2025
  • Basis of Allotment: August 4, 2025
  • Credit of Rights Equity Shares: August 5, 2025
  • Listing of Rights Equity Shares: August 5, 2025
  • Commencement of Trading: August 6, 2025

Rationale and Impact

The extension aims to provide an opportunity for shareholders to participate in the rights issue, allowing them more time to make informed decisions. Sanjeev Kumar Jha, Company Secretary & Compliance Officer of Kati Patang Lifestyle Limited, confirmed that no other changes have been made to the Letter of Offer or Common Application Form, except for the closing date extension and the resultant changes to the post-issue activity timeline.

Important Dates for Shareholders

Shareholders should take note of the following key dates:

  • Last Date for On-Market Renunciation: July 22, 2025
  • Last Date for Off-Market Renunciation: July 31, 2025
  • Submission Deadline: Duly filled Common Application Forms (CAF) along with the payable amount must be submitted by August 1, 2025

Company Information

Kati Patang Lifestyle Limited has its registered office at S-101, Panchsheel Park, New Delhi. The company's CIN is L72200DL1992PLC047931.

Investors and shareholders are advised to refer to the updated Letter of Offer for complete details regarding the rights issue and to make their investment decisions accordingly.

Historical Stock Returns for Kati Patang Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
+2.79%-2.84%-15.38%-23.59%+69.24%+1,659.46%
Kati Patang Lifestyle
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