Kati Patang Lifestyle Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/06/2025 ,inter alia, to consider and approve Raising of Funds & other matters
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Kati Patang Lifestyle Ltd has informed BSE that its Board of Directors will meet on June 27, 2025 to consider and approve the issuance of equity shares through a Rights Issue and/or other fundraising modes. The company has also announced a temporary closure of the trading window for designated persons and their immediate relatives until 48 hours after the meeting results are declared, in line with insider trading regulations. The company is formerly known as VirtualSoft Systems Limited, based in New Delhi. No details on issue size, price, or use of proceeds have been disclosed yet.
Shareholders may get an opportunity to subscribe to additional shares through a rights issue, which could lead to dilution if they do not participate. The stock may see some volatility around the board meeting date due to the closed trading window.