Kati Patang Lifestyle Limited Schedules Board Meeting for March 12, 2026 to Consider Securities Issuance

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. Meeting Details: Information Date: March 12, 2026 (Thursday) Purpose: Securities issuance consideration Related to: Acquisitions approved March 5, 2026 Securities Type: Equity shares and other eligible securities 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. Trading Window: Details Status: Closed Applicable to: Designated persons and immediate relatives Duration: Until 48 hours after meeting conclusion Compliance: SEBI insider trading regulations 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. 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/-. Parameter: Details Acquisition Value: Rs. 3,50,00,000/- Stake Acquired: 100% Business Focus: Trading of premium imported wines and spirits FY 24-25 Turnover: Rs. 6.04 Crore FY 24-25 Networth: Rs. 2.68 Crore Incorporation Date: February 23, 2012 Registered Office: E-10/2 DLF Phase-1, Gurgaon, Haryana Completion Timeline: 3-4 months from definitive agreements 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. Parameter: Details Acquisition Value: Rs. 96,82,000/- Shares Acquired: 38,728 equity shares of Rs. 10/- each Current Holding: 98% (acquiring remaining 2%) Brand Name: "Kati Patang" craft beer FY 24-25 Turnover: Rs. 16.56 Crore Market Presence: India & UK CIN: U15549DL2017PTC313380 Registered Office: B-18/2, Okhla Industrial Area Phase-II, South Delhi 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. Transaction Feature: Details Consideration Method: Share swap arrangements Regulatory Framework: Chapter V of SEBI ICDR Regulations Governmental Approvals: Not applicable Shareholder Approval: Required for both transactions Timeline: 3-4 months from board approval Company Secretary: Sanjeev K Jha (FCS: 8690) Meeting Duration: 04:00 p.m. to 07:30 p.m. (IST) 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. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. 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