Kati Patang Lifestyle has received a Monitoring Agency Report confirming no deviation in the utilization of its 20.51 Cr Rights Issue funds for the recent quarter.

The company utilized 9.254 Cr for its subsidiary's working capital and 3.651 Cr for acquisitions.

Notably, 1.553 Cr was specifically used to increase its stake to approximately 40% in CHADKP Holdings Ltd., a UK-based entity owning Chadlington Brewery and The Tite Inn.

General Corporate Purposes and issue expenses accounted for 2.40 Cr in utilization.

Out of the total funds raised, 15.305 Cr has been utilized, with 2.068 Cr remaining unutilized, including 0.199 Cr as an interest-free loan.