Intimation for Newspapers advertisements for Rights Issue last date extension
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Kati Patang Lifestyle Ltd has informed the BSE about a newspaper advertisement regarding the extension of its ongoing Rights Issue of partly paid-up equity shares. The closing date for the Rights Issue has been pushed back by one week, from Friday, July 25, 2025 to Friday, August 01, 2025. The advertisement was published on July 25, 2025 in Financial Express (English) and Jansatta (Hindi) national dailies. The company clarified that there is no change to the Letter of Offer or Composite Application Form, except for the revised closing date and the resulting shift in the indicative post-issue activity timetable.
The extension gives existing shareholders more time to apply for their rights entitlement, which may slightly improve subscription levels but also signals that the issue may not have been fully subscribed before the original deadline. For the stock, this is a procedural disclosure with limited direct price impact.