Kati Patang Lifestyle Ltd — Updates, 08-07-2025: Company Update

Kati Patang Lifestyle Limited has announced a board meeting on July 17, 2025, to consider and approve the financial results for the quarter and half-year. The company plans a rights issue offering up to 1.03 crore partly paid equity shares at ₹20 each (₹10 face value plus ₹10 premium), aiming to raise ₹20.5 crore. The issue ratio is 2 shares for every 7 fully paid shares held. Proceeds will fund working capital for its subsidiary Empyrean Spirits Pvt. Ltd., and support acquisitions and general corporate purposes. The company shifted from telecom to alcoholic beverages, primarily craft beer under the “Kati Patang” brand, relying on contract manufacturing without owned facilities. Recent fiscal years show increased revenue but continuing losses, highlighting the need for the fundraise to support growth and working capital. The promoter group intends to fully subscribe to their entitlements and may invest beyond that within regulatory limits.