Software Products
Monthly Update7 April 2026 at 10:13 am

Kati Patang Lifestyle Ltd Confirms Non-Applicability of Large Entity for FY 2026-27

AI Summary

Kati Patang Lifestyle Ltd, formerly known as VirtualSoft Systems Limited, has confirmed that it does not meet the criteria of a Large Corporate as per the SEBI circular No. SEBI/HO/DDHS/Cld/P /2018/144 dated November 26, 2018. The company's long-term borrowings are below 100 crore, which is the threshold set by the SEBI circular. This confirmation also includes the disclosure of outstanding borrowing of the company as on 31st March 2026, which is nil, and the highest credit rating during the previous fiscal year, which is not available. The company will not be making any payments to the BSE in case of a shortfall in required borrowing under the framework.

Key Highlights

  • Kati Patang Lifestyle Ltd does not meet the criteria of a Large Corporate
  • The company's long-term borrowings are below 100 crore
  • Outstanding borrowing of the company as on 31st March 2026 is nil
  • The highest credit rating during the previous fiscal year is not available
  • No payments will be made to the BSE in case of a shortfall in required borrowing