STOCKWATCH

Kati Patang Lifestyle Ltd Announces Rights Issue of Up to Rs. 21 Crores

Kati Patang Lifestyle Ltd, formerly known as Virtualsoft Systems Limited, has approved a rights issue of partly-paid up equity shares to its eligible shareholders. The issue aims to raise a maximum amount of Rs. 21 Crores, subject to necessary approvals. The rights issue is in accordance with the Companies Act, 2013, SEBI (ICDR) Regulations, and other applicable laws.

• Kati Patang Lifestyle Ltd announces a rights issue of up to Rs. 21 Crores.
• The issue is for partly-paid up equity shares for eligible shareholders.
• The issue is subject to necessary approvals and in accordance with applicable laws.
• The company was originally incorporated as Suri Capital & Leasing Private Limited in 1992.
• The company's name was changed to Kati Patang Lifestyle Limited in 2024.