Announced Sat, 25 Jul · 18:09 IST

Kati Patang to acquire 51% stake in Chhota Hazri Spirits, making it a subsidiary

Listed Co AcquisitionStrategic Transactions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹14.90
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AI summary

Board approved acquiring 51% equity in Chhota Hazri Spirits Pvt Ltd, a Delhi-based alcoholic and non-alcoholic beverages company, via cash and share swap. Target will become a subsidiary. Chhota Hazri had turnover of Rs 15.23 lakh in FY26. Deal subject to due diligence; SHA likely in four months. Board also approved Q1 FY27 results with consolidated revenue of Rs 624.54 lakh and net loss of Rs 136.12 lakh.

Likely market impact

Entry into spirits diversifies beyond craft beer; target becomes subsidiary. Small target (FY26 turnover Rs 15.23L) limits immediate revenue impact.