Kati Patang Lifestyle's Rights Issue Committee has approved the allotment of 1,02,56,651 partly paid-up equity shares.

These shares, issued at Rs. 20 each (including a Rs. 10 premium), were allotted in a 2:7 ratio for existing fully paid shares.

This move significantly expands the company's equity base, raising fresh capital.

Post-allotment, the total equity share capital stands at Rs. 46.15 Cr, up from Rs. 35.89 Cr.

This capital infusion supports company operations and growth initiatives, demonstrating a step towards strengthening the balance sheet.