Kati Patang Lifestyle Limited has announced an update on its ongoing Rights Issue.

The company confirmed the submission of applications from its identified 'Specific Investors', who collectively applied for a total of 43,04,854 partly paid-up equity shares.

This update provides clarity on the initial participation by key investors and renounced parties in the capital raising process, signaling support for the company's efforts to strengthen its financial position and fund future growth.