Shareholding21 Feb 2026, 05:45 pm
Kati Patang Lifestyle Converts Warrants to Equity Shares, Increasing Paid-up Capital
AI Summary
Kati Patang Lifestyle Ltd. has allotted 54,35,000 equity shares to various promoter and non-promoter warrant holders following the conversion of warrants into equity shares. The allotment, made for a cash consideration of Rs. 4,07,62,500, increased the company's paid-up equity shares from 3,58,98,280 to 4,13,33,280. The allotted equity shares rank pari-passu with the existing fully paid equity shares, including dividend rights.
Key Highlights
- Kati Patang Lifestyle converts warrants to equity shares, increasing paid-up capital.
- 54,35,000 equity shares allotted to promoter and non-promoter warrant holders.
- Allotment made for a cash consideration of Rs. 4,07,62,500.
- Paid-up equity shares increased from 3,58,98,280 to 4,13,33,280.
- Allotted equity shares rank pari-passu with existing fully paid equity shares.