The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gokul Naresh Tandan & Others
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The promoter group of Kati Patang Lifestyle Ltd — comprising Gokul Naresh Tandan, Sagarika Tandan, Ritu Tandan, Prabhudev V Kulkarni and Samrath Bedi, along with PACs including Kiran Nadar, Rajendra V Kulkarni, Virtual Software & Training Pvt Ltd and M R Capital Pvt Ltd — disclosed acquisition of 7,28,195 partly paid-up equity shares (about 1.58% of total share capital) under SEBI Takeover Regulations. The shares were allotted on August 4, 2025, pursuant to the company's Rights Issue. In absolute terms, the combined promoter + PAC holding rose from 1,91,42,753 shares to 1,98,70,948 shares. Because the Rights Issue sharply expanded the share base (adding 1,02,56,651 partly paid shares), the effective voting percentage of the promoter group actually dipped from 49.06% to 39.74% of total share capital.
Positive read: promoters subscribed to their entitlement in the Rights Issue, signalling continued confidence and commitment of capital to the company. Mild dilution caveat: their effective control percentage fell post-issue, but the absolute stake increase is a trust-building signal for retail investors.