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Awaiting price reaction for this filing.
Kati Patang Lifestyle Limited held its first EGM of FY 2025-26 on 20th February 2026 via video conference, attended by 32 shareholders and concluded in 20 minutes. Three resolutions were considered: increasing authorized capital from Rs. 50 crore to Rs. 55 crore, appointing Ms. Natasha Goyal as Independent Director for five years, and appointing Mr. Rajeev Talwar (former IAS officer and ex-CEO of DLF) as Executive Director. Management highlighted business progress including the launch of '30 Freedom Lager Moto edition' in Goa with Royal Enfield, label approvals for Freedom Lager and Bareilly Extra Bold beer in Haryana, current presence in 150 retail outlets and 15+ hotels/restaurants, and plans to expand into new markets including Delhi and Chandigarh. Mild and premium beers contributed about 23% of volume in April-December 2025. The company also announced plans to raise its stake in UK-based KP Holdings Limited from 23% to 51% as part of international expansion.
The EGM signals a capital raise preparation (10% increase in authorized capital), board strengthening with high-profile additions, and an aggressive growth strategy in the alco-bev and lifestyle segments that could support future expansion. Shareholders may view positively the entry into new markets, premium portfolio growth, and UK stake hike, though voting results for the resolutions are awaited.