Acquisitions20 May 2026, 06:21 pm
Kati Patang Acquires Agnetta & Increases Stake in ESPL
AI Summary
Kati Patang Lifestyle Ltd has acquired 100% stake in Agnetta International Private Limited and increased its stake in Empyrean Spirits Private Limited (ESPL) by 1.43% through preferential allotment of equity shares. The board approved the allotment of 14,58,333 equity shares for Agnetta and 2,77,760 equity shares for ESPL, at ₹24 per share. This increases the company's equity share capital from ₹48,44,98,520 to ₹50,18,59,450.
Key Highlights
- Kati Patang acquires 100% stake in Agnetta via share swap for ₹3,49,99,992.
- Company increases stake in ESPL by 1.43% through share swap for ₹66,66,240.
- 14,58,333 equity shares allotted for Agnetta acquisition at ₹24 per share.
- 2,77,760 equity shares allotted for ESPL stake increase at ₹24 per share.
- Equity share capital increases from ₹48.45 Cr to ₹50.19 Cr post allotment.
Price Impact
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