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

Kati Patang Lifestyle Ltd announced a significant business development following its board meeting on July 25, 2026. The company has entered into a Term Sheet to acquire a 51% equity stake in Chhota Hazri Spirits Private Limited, a company 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. Additionally, the board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and a change in designation for Mr. Sanjay Kumar Jain from Independent Director to Non-Executive Non-Independent Director, pending shareholder approval. The Nomination and Remuneration Committee will administer the Kati Patang Lifestyle Employee Stock Option Scheme – 2025.