Acquisitions20 May 2026, 06:21 pm
Kati Patang: Preferential Issue for Agnetta, Empyrean Stake
AI Summary
Kati Patang Lifestyle Ltd has approved the allotment of equity shares on a preferential basis for the acquisition of a 100% stake in Agnetta International Private Limited and a further 1.43% stake in Empyrean Spirits Private Limited. A total of 14,58,333 equity shares were allotted for the Agnetta acquisition, and 2,77,760 equity shares for the Empyrean Spirits acquisition, both at an issue price of ₹24 per share. The fully paid-up equity share capital of the company will increase to ₹50,18,59,450.
Key Highlights
- Kati Patang allots 14,58,333 shares for 100% Agnetta acquisition via share swap.
- 2,77,760 shares allotted to increase stake in Empyrean Spirits by 1.43%.
- Issue price is ₹24 per share, including a premium of ₹14.
- Total consideration for Agnetta acquisition is ₹3,49,99,992.
- Post allotment, equity share capital increases to ₹50,18,59,450.
Price Impact
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