Disclosure Context
Disclosure made by Kati Patang Lifestyle Limited (BSE Scrip Code: 531126) under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to BSE Limited on June 16, 2026, by Company Secretary Sanjeev Kumar Jha, regarding share acquisition by promoter group entity Virtual Software & Training Pvt Ltd.
Transaction Details
Virtual Software & Training Pvt Ltd, belonging to the promoter group of Kati Patang Lifestyle Limited, acquired 19,00,000 equity shares representing 3.68% of the total voting capital through off-market purchases. The acquisitions occurred on two dates: 1,90,000 shares on June 5, 2026, and 17,10,000 shares on June 8, 2026.
Nature of Transaction
The acquisition represents the return of shares that were previously transferred under a loan arrangement. The company had transferred 20 lakh shares on February 13, 2026, as collateral security against a ₹50 lakh loan. Now 19 lakh shares have been re-transferred back, with 1 lakh share to be transferred shortly.
Capital Structure Impact
Before the acquisition, the equity share capital was ₹35,89,82,800 consisting of 3,58,98,280 equity shares of face value ₹10 each and 1,02,56,651 partly paid-up equity shares of paid value ₹5 each.
After the acquisition, the equity share capital became ₹48,44,98,520 consisting of 4,84,49,852 equity shares of face value ₹10 each and 31,40,079 partly paid-up equity shares of paid value ₹5 each. The total diluted share/voting capital remains the same at ₹48,44,98,520.
Ownership Changes
Pre-acquisition holding of Virtual Software & Training Pvt Ltd was 14,96,773 shares (2.90% of total voting rights).
Post-acquisition holding increased to 33,96,773 shares (6.58% of total voting rights).
The total promoter group holding after this acquisition stands at 1,91,70,999 shares representing 37.16% of the total diluted voting capital.