1. Financial Results for Quarter Ended 30th June 2026

The Board considered and approved the Un-audited Standalone and Consolidated Financial Results along with the Limited Review Report for the quarter ended 30th June 2026. The results were reviewed and recommended by the Audit Committee.

Standalone Financial Performance (INR Lacs):

  • Total Income: ₹624.54
  • Total Expenses: ₹776.13
  • Loss before tax: ₹(151.60)
  • Tax Expenses: ₹0.00
  • Net Loss for the period: ₹(151.60)
  • Net Loss after Minority Interest: ₹(136.12)
  • Basic EPS: ₹(0.29)
  • Diluted EPS: ₹(0.29)
  • Weighted average number of equity shares: 4,66,76,822

Consolidated Financial Performance (INR Lacs):

  • Total Income: ₹367.96
  • Total Expenses: ₹738.40
  • Loss before tax: ₹(370.44)
  • Tax Expenses: ₹6.17
  • Net Loss for the period: ₹(376.61)
  • Other Comprehensive Loss: ₹(3.84)
  • Total Comprehensive Loss: ₹(374.56)
  • Net Loss after Minority Interest: ₹(370.72)
  • Basic EPS: ₹(0.85)
  • Diluted EPS: ₹(0.85)
  • Weighted average number of equity shares: 4,43,24,803

The consolidated results include subsidiaries: Agnetta International Pvt. Ltd. (Wholly Owned Subsidiary), Empyrean Spirits Pvt. Ltd. (Subsidiary), and Kati Patang Ltd (UK) (Subsidiary of Subsidiary Co.).

Limited Review Reports were issued by Rajesh Raj Gupta & Associates LLP (Firm Registration Number: 026338N/N500357) for both standalone and consolidated results, stating no material misstatements were found.

2. Proposed Acquisition of Chhota Hazri Spirits Private Limited

The Company has entered into a Terms Sheet for the acquisition of 51% of Equity Shares of Chhota Hazri Spirits Private Limited (CIN: U15400DL2021PTC376442), a private limited company engaged in alcoholic & non-alcoholic beverages.

Target Company Details:

  • Authorised Share Capital: ₹10,20,000
  • Paid up Share Capital: ₹1,03,700
  • Turnover: FY2023-24: ₹2.19 Lakh, FY2024-25: ₹51.88 Lakh, FY2025-26: ₹15.23 Lakh
  • Industry: Alcoholic & Non-alcoholic beverages, liquor, spirits, wine, whisky, beer
  • Date of Incorporation: 3rd February 2021

Transaction Structure:

  • The acquisition will be through a combination of Cash & Share Swap
  • Consideration amount will be determined post-valuation and due diligence
  • The Company will enter into a Share Purchase Agreement (SPA) with Chhota Hazri Spirits Private Limited and its shareholders

Conditions:

  • Subject to satisfactory completion of Due Diligence
  • Subject to fulfilment of conditions in the SPA and other transaction documents
  • Upon successful completion, Chhota Hazri will become a Subsidiary Company
  • The acquisition does not qualify as a related party transaction
  • No governmental or regulatory approvals required

3. Change in Designation of Mr. Sanjay Kumar Jain

The Board approved the change in designation of Mr. Sanjay Kumar Jain (DIN: 01014176) from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective 25th July 2026. This change is subject to shareholder approval and makes his office liable to retire by rotation.

Profile of Mr. Sanjay Kumar Jain:

  • 55 years old, Commerce graduate from SRCC, Delhi University
  • Qualified Chartered Accountant (1990)
  • SEBI accredited Registered Investment Advisor and Registered Research Analyst
  • 31 years of experience in Investments, Funds Management, Strategy, M&A, Corporate Finance and Investor Relations
  • 15 years as independent consultant working with Promoters/Senior Management
  • Co-founded Taj Capital Partners Pvt Ltd.
  • Not debarred from holding director office by any SEBI order

A relinquishment letter was received from Mr. Jain consenting to the role change.

4. Delegation to Nomination & Remuneration Committee for ESOP Scheme 2025

The Board approved delegation of administration and implementation of the Kati Patang Lifestyle Employee Stock Option Scheme – 2025 to the Nomination & Remuneration Committee. The scheme was originally approved by the Board on 14th February 2025 and shareholders on 30th September 2025, with in-principle approval from BSE on 27th November 2025.

The Committee is authorized to administer the scheme through direct route (fresh allotment) and has powers including:

  • Adopting rules and regulations for implementation
  • Identifying eligible employees and determining eligibility criteria
  • Granting options and determining number of options per grantee
  • Determining vesting period and schedule
  • Establishing procedures for exercise of options
  • Making adjustments for corporate actions
  • Framing policies to prevent violation of securities laws
  • Determining funding procedures for option exercise

Board/Committee members must abstain from decisions regarding options granted to themselves.

5. First Reminder Notice for Partly Paid-up Equity Shares

This pertains to the Rights Issue of 1,02,56,651 Partly Paid Equity Shares (face value ₹10 each, Issue Price ₹20 each including ₹10 premium) made through Letter of Offer dated 8th July 2025 and allotted on 4th August 2025.

Call Details:

  • On 26th March 2026, Board approved First and Final Call of ₹10 per share (₹5 face value + ₹5 premium)
  • Call money received on 71,16,572 shares which were allotted on 27th April 2026
  • Balance 31,40,079 shares remain unpaid

The Board approved issuance of a First Reminder Notice to holders of unpaid partly paid-up shares. The company has waived any interest chargeable if paid within the notice timeframe. The Rights Issue Committee is authorized to finalize terms, dates, and dispatch the notice through company secretary and RTA Mas Service Ltd.

The notice will be available on company website (www.katipatang.com) and RTA website (www.masserv.com), with intimation to BSE before dispatch to shareholders.

Meeting Details

The Board meeting started at 04:00 p.m. and ended at 5:40 p.m. on 25th July 2026. The results will be published in newspapers as per Listing Agreement requirements and made available on the company's website.