Kati Patang Lifestyle to Acquire 51% Stake in Chhota Hazri Spirits

Kati Patang Lifestyle Ltd announced a significant development following its Board of Directors meeting on July 25, 2026. The company has entered into a Terms Sheet to acquire a 51% equity stake in Chhota Hazri Spirits Private Limited, a company involved in alcoholic and non-alcoholic beverages. This acquisition, subject to due diligence and SPA conditions, will make Chhota Hazri Spirits a subsidiary of Kati Patang Lifestyle. Additionally, the Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and a change in the designation of Mr. Sanjay Kumar Jain from Independent Director to Non-Executive Non-Independent Director. The Nomination and Remuneration Committee will administer the Kati Patang Lifestyle Employee Stock Option Scheme – 2025.