AGM Summary & transcript
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The 33rd AGM of Kati Patang Lifestyle Ltd was held on 30 September 2025 via video conferencing, attended by 65 shareholders per the RTA's report. The company shared updates on its premium beer brand 'Kati Patang' operated through subsidiary Empyrean Spirits Pvt Ltd (98% owned). Management highlighted a recently closed Rights Issue of 1.02 crore partly paid-up shares at Rs. 20/share (face value Rs. 10), aggregating around Rs. 20.51 crore, which was oversubscribed by over 10%. Key business milestones mentioned include expansion into Uttarakhand, Rajasthan, and Chhattisgarh, re-introduction of Saffron Lager in Delhi and Haryana by quarter-end, a 23% stake in UK-based CHADKP Holdings, and formal approval from JD Wetherspoons for national rollout across 800+ UK venues. Nine resolutions were tabled including re-appointment of directors, approval of material related party transactions, and the Kati Patang Lifestyle ESOP Scheme 2025.
Shareholders got visibility on aggressive growth plans across new Indian states and UK/US markets, supported by a successful rights issue and a marquee distribution deal with Wetherspoons. Approval of the ESOP scheme and special resolutions signals management's focus on incentivising talent, while the oversubscribed rights issue reflects investor confidence in the alco-bev expansion story.