Kati Patang Lifestyle Ltd Issues Final Call for ₹10 on Partly Paid Shares

Kati Patang Lifestyle Ltd has issued a First and Final Call Notice, requiring shareholders to pay ₹10 per share by April 24, 2026. This action is crucial for converting approximately 10.2 million partly paid shares into fully paid equity, which will enable them to resume trading.

Key Call Details

The notice mandates a payment of ₹10 per share, comprising ₹5 face value and ₹5 premium. The payment period is scheduled from April 10 to April 24, 2026. Trading of these partly paid shares has been suspended since April 2, 2026.

Converting Shares for Future Trading

This call is designed to finalize the conversion of the 1,02,56,651 partly paid-up shares into fully paid-up equity. Upon successful payment, these shares will become fully paid and eligible for trading approximately two weeks after the payment deadline. The process aims to fully realize the capital from these issued shares.

About Kati Patang Lifestyle

Kati Patang Lifestyle Ltd, formerly VirtualSoft Systems Limited, has pivoted from IT services to the alcoholic beverages sector, focusing on craft beers and spirits made with unique Indian ingredients.

Shareholder Obligations and Consequences

Shareholders who miss the April 24, 2026 deadline risk forfeiture of their partly paid-up shares. Any delayed payments will accrue interest at 10% per annum. The company also reserves the right to apply future dividends against any unpaid call money.

Investor response and compliance with the deadline will determine the successful allotment of fully paid-up shares and the resumption of trading.