Kati Patang Lifestyle Announces Q1 Results, Targets 51% Stake in Chhota Hazri Spirits, and Finalizes Director Designation Change

Kati Patang Lifestyle Announces Q1 Results, Targets 51% Stake in Chhota Hazri Spirits, and Finalizes Director Designation Change

Kati Patang Lifestyle Announces Q1 Results, Targets 51% Stake in Chhota Hazri Spirits, and Finalizes Director Designation Change​

Kati Patang Lifestyle Ltd., a company focused on the lifestyle and alcoholic beverage sector, reported its unaudited consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved entering into an acquisition agreement for Chhota Hazri Spirits Private Limited and finalized changes in the designation of Mr. Sanjay Kumar Jain.

The Company’s results reflected ongoing operational activities across its various business segments, which include craft beer and specialized beverage production.

Financial Performance Highlights (Quarter Ended June 30, 2026)​

The Board considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Key performance indicators across the reported period are as follows:

Consolidated Unaudited Financial Results (In Lakhs)
ParticularsQtr Ended 30.06.2026Qtr Ended 31.03.2026Qtr Ended 30.06.2025Year Ended 31.03.2026 (Audited)
Net Sales/Revenue from Operations26.3313.35-108.55
Total Income---1,345.09
Total Expenses(151.60)(370.44)(124.52)(940.85)
Net Profit/(Loss) for the Period(0.41)(5.90)(1.94)(15.48)

Standalone Unaudited Financial Results (In Lakhs)
ParticularsQtr Ended 30.06.2026Qtr Ended 31.03.2026Qtr Ended 30.06.2025Year Ended 31.03.2026 (Audited)
Net Sales/Income From Operations26.3313.350.08101.46
Total Income26.4114.920.08104.08
Total Expenses(83.38)(106.18)(27.63)(292.99)
Net Profit/(Loss) for the Period(56.97)(91.27)(27.55)(188.92)

Acquisition of Chhota Hazri Spirits Private Limited​

The Company announced that it has entered into a Terms Sheet for the acquisition of 51% of Equity Shares in M/s. Chhota Hazri Spirits Private Limited, which is engaged in alcoholic and non-alcoholic beverages and related products.

This proposed transaction involves a combination of Cash and Share Swap. The details pertaining to the acquired entity include:
  • Authorised Share Capital: Rs. 10,20,000/-
  • Paid up Share Capital: Rs. 1,03,700/-
  • FY Turnover: FY23-24: 2.19 Lakh; FY24-25: 51.88 Lakh; FY25-26: 15.23 Lakh.

The acquisition is contingent upon the satisfactory completion of Due Diligence and fulfillment of terms detailed in the Share Purchase Agreement (SPA). Upon successful completion, Chhota Hazri Spirits Private Limited will become a Subsidiary Company of Kati Patang Lifestyle Ltd.

Governance and Operational Updates​

Director Designation Change​

The Board of Directors approved the change in designation for Mr. Sanjay Kumar Jain, effective July 25, 2026. He is re-designated from Non-Executive Independent Director to Non-Executive Non-Independent Director, subject to shareholder approval.

Mr. Jain's profile notes him as a professional with over three decades of experience in investment management and corporate finance, who holds SEBI accreditations as a Registered Investment Advisor and Registered Research Analyst.

Employee Stock Option Scheme​

The Board also approved the Kati Patang Lifestyle Employee Stock Option Scheme - 2025. The scheme is to be implemented through the Nomination and Remuneration Committee via a direct allotment process for eligible employees.

The committee has been delegated comprehensive administrative powers concerning the scheme, including setting eligibility criteria, determining the number of options, defining vesting schedules, and prescribing procedures for corporate actions that may affect the Options.

Rights Issue Reminder Notice​

Kati Patang Lifestyle Ltd. approved the issuance of a First Reminder Notice to holders of partly paid-up equity shares who have not yet remitted the First & Final Call money concerning a previous rights issue.

The rights issue involved 1,02,56,651 Partly Paid Equity Shares, with a face value of ₹10/- and an Issue Price of ₹20/-. The Board had previously approved the First and Final Call of ₹10/- per share (comprising ₹5 towards face value and ₹5 towards premium).

The Company successfully received payments for 71,16,572 shares as of April 27, 2026. The reminder notice targets the remaining 31,40,079 shares. The Board confirmed that any interest chargeable on the amount will be waived if the payment is made within the timeframe mentioned in the First Reminder Notice.

Stock Price Movement​

Kati Patang Lifestyle Ltd shares settled at ₹14.22 on Friday, marking a 0.97% decline. The stock traded within an intraday range of ₹14.00 to ₹15.42.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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