Announced Sat, 25 Jul · 18:09 IST
Kati Patang to acquire 51% stake in Chhota Hazri Spirits, making it a subsidiary
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹14.90
prior close
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base price
After-mkt
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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.