Appointment of Additional Director
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Kati Patang Lifestyle Ltd announced multiple board decisions on January 28, 2026. The board appointed Ms. Natasha Goyal, a Company Secretary and LLM, as Independent Director for a 5-year term. It also appointed Mr. Rajeev Talwar, the former CEO and Executive Director of DLF, as Additional Executive Director at a remuneration of Rs. 2 lakh per month. Separately, the board approved increasing the authorized share capital from Rs. 50 crore to Rs. 55 crore (from 5 crore to 5.5 crore equity shares of Rs. 10 each). All these decisions will be placed before shareholders at an Extraordinary General Meeting (EGM) scheduled for February 20, 2026, via video conferencing.
The induction of a high-profile former DLF CEO could boost credibility and attract retail investor interest, while the planned increase in authorized share capital signals room for future fundraising or stock splits. Both items await shareholder approval at the upcoming EGM.