Update on the outcome dated June 16, 2025 filed by the company regarding proposed fund raising by Rights Issue
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Awaiting price reaction for this filing.
Kati Patang Lifestyle Ltd has informed BSE that its Rights Issue Committee met on June 16, 2025 and decided that the Board of Directors will finalize the detailed terms of the proposed Rights Issue at a forthcoming Board meeting. The terms will be decided in line with the amended SEBI ICDR Regulations and applicable SEBI circulars. No specific details such as issue size, price, ratio, record date, or discount have been disclosed yet.
This is a procedural update with no immediate financial impact. Shareholders should await the upcoming Board meeting for actual terms of the rights issue, which will determine the dilution and any pricing discount that could affect existing shareholders.