Kati Patang Lifestyle Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/02/2026 ,inter alia, to consider and approve Conversion of warrants into equity
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Kati Patang Lifestyle Ltd has informed BSE that its Board of Directors will meet on 21st February 2026 at 4:00 PM. The main item on the agenda is the conversion of warrants into equity shares, as per the terms of issuance and exercise of option by warrant holders. The Board will also consider any matters arising out of this conversion. The trading window for the stock will remain closed until 48 hours after the Board meeting concludes.
Warrant conversion into equity will increase the total share count, leading to dilution for existing shareholders. The market may react based on the number of warrants being converted and the conversion price relative to current market price.