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

Kati Patang Lifestyle Ltd announced its Board of Directors has approved entering into a Terms Sheet for the acquisition of 51% equity shares in Chhota Hazri Spirits Private Limited. The target company is engaged in the alcoholic and non-alcoholic beverages business. This acquisition, subject to due diligence and fulfillment of SPA conditions, will make Chhota Hazri Spirits a subsidiary of Kati Patang Lifestyle. The board also approved the un-audited 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.