Pre Issue Newspaper Advertisement regarding the proposed Rights Issue by Kati Patang Lifestyle Limited.
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Kati Patang Lifestyle Limited has published a newspaper advertisement in Financial Express and Jansatta on July 14, 2025, regarding its proposed Rights Issue. The company is offering up to 1,02,56,651 partly paid-up equity shares of Rs. 10 face value at Rs. 20 per share (including Rs. 10 premium), aggregating up to Rs. 20.51 crore. The ratio is 2 Rights Equity Shares for every 7 Fully Paid-up Equity Shares held as on the record date of July 10, 2025. The issue opens on July 17, 2025, and closes on July 25, 2025, with the last date for renunciation on July 22, 2025. Promoter Mr. Gokul Naresh Tandan is leading the issue, and promoter group entities have already committed to subscribing and renouncing rights entitlements to specific investors listed in the ad.
Existing shareholders as of the July 10, 2025 record date are eligible to subscribe to the rights issue at Rs. 20 per share. Shareholders who do not want to participate can renounce their entitlements on or before July 22, 2025. Successful subscription will dilute existing holdings by roughly 28-29% on a fully subscribed basis, but brings in fresh capital of up to Rs. 20.51 crore for the company.