Kati Patang Lifestyle Limited has made a regulatory disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding substantial acquisition of shares by promoter group entities.

The disclosure was received from Virtual Software & Training Pvt Ltd, which belongs to the promoter group of the company. The acquisition involved multiple persons acting in concert (PACs) including Gokul Naresh Tandan, Sagarika Tandan, Ritu Tandan, Prabhudev V Kulkarni, Samrath Bedi, Rajendra V Kulkarni, Kiran Nadar, and M R Capital Pvt Ltd.

Acquisition Details

  • Mode of Acquisition: Off-market purchase
  • Transaction Dates: 5th June 2026 (190,000 shares) and 8th June 2026 (1,710,000 shares)
  • Total Shares Acquired: 1,900,000 shares (19 lakh shares)
  • Purpose: The acquisition represents the return of shares that were previously transferred as part of a loan arrangement

Background Context

The company had transferred 20 lakh shares on 13th February 2026 in a loan arrangement where these shares served as collateral against security for a ₹50 lakh loan. Now 19 lakh shares have been re-transferred back, with 1 lakh shares to be transferred shortly later.

Capital Structure Impact

Before Acquisition:

  • Equity share capital: ₹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 Acquisition:

  • Equity share capital: ₹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
  • Total diluted share/voting capital: ₹48,44,98,520 (same composition)

Post-Acquisition Holdings

The acquisition resulted in the following shareholding pattern for the acquirer and PACs:

  • Gokul Naresh Tandan: 94,92,995 shares (18.40%)
  • Sagarika Tandan: 1,29,857 shares (0.25%)
  • Ritu Tandan: 21,638 shares (0.04%)
  • Virtual Software & Training Pvt Ltd: 33,96,773 shares (6.58%)
  • Samrath Bedi: 54,01,450 shares (10.47%)
  • Rajendra V Kulkarni: 5,80,000 shares (1.12%)
  • M R Capital Pvt Ltd: 61,216 shares (0.12%)
  • Prabhudev Kulkarni: 87,070 shares (0.17%)

Total combined holding after acquisition: 1,91,70,999 shares (37.16% of total voting capital)