Acquisitions20 May 2026, 06:22 pm
Kati Patang Allots Shares for Agnetta & Empyrean Stake
AI Summary
Kati Patang Lifestyle Ltd has allotted 14,58,333 equity shares at ₹24 each for acquiring 100% stake in Agnetta International Private Limited for ₹3,49,99,992 via share swap. Additionally, 2,77,760 equity shares were allotted at ₹24 each to acquire a further 1.43% stake in Empyrean Spirits Private Limited for ₹66,66,240, also through a share swap. Post allotment, the company's equity share capital will increase to ₹50,18,59,450.
Key Highlights
- Kati Patang allots shares to acquire 100% stake in Agnetta International.
- Equity shares allotted for further 1.43% stake in Empyrean Spirits Private Limited.
- Share allotment price is ₹24 per share, including a premium of ₹14.
- Total consideration for Agnetta acquisition is ₹3,49,99,992.
- Company's equity share capital increases to ₹50,18,59,450 post allotment.
Price Impact
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