Kati Patang Lifestyle files SEBI 29(2) disclosure on Virtual Software share purchase

What Kati Patang Lifestyle announced

Kati Patang Lifestyle Ltd (BSE: 531126) filed a disclosure on 15 June 2026 under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing notifies the exchange that the company has made a substantial acquisition of shares in Virtual Software & Training Pvt Ltd. No further details such as the percentage of shareholding acquired, the number of shares, or the consideration paid were included in the submission.

Details of the Regulation 29(2) filing

Regulation 29(2) requires any person or entity that acquires shares crossing prescribed thresholds (typically 5 % of the voting power) to disclose the acquisition to the stock exchange within two working days. The purpose is to ensure transparency for investors and to trigger any mandatory takeover or open‑offer obligations under the SAST framework. The filing by Kati Patang Lifestyle simply confirms that the thresholds have been met for Virtual Software & Training Pvt Ltd, but the exact figures remain undisclosed.

"The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Virtual Software & Training Pvt Ltd."

Key facts at a glance

Why this matters for investors

The disclosure signals that Kati Patang Lifestyle has crossed a material shareholding threshold in Virtual Software & Training. Under SEBI rules, such a threshold may trigger additional compliance steps, including possible open‑offer requirements if the acquisition exceeds 25 % of the target’s equity. While the exact size of the stake is unknown, the filing itself confirms a strategic interest in the target’s business. Investors should monitor subsequent filings for details on the share percentage, any related agreements, and regulatory approvals that may follow.

Conclusion

Kati Patang Lifestyle Ltd has formally notified the BSE of a substantial share acquisition in Virtual Software & Training Pvt Ltd as per SEBI’s Regulation 29(2). The filing does not reveal the size or value of the transaction, leaving those specifics to be disclosed in future announcements or regulatory filings. Stakeholders should await further information to assess the full impact of the acquisition on both companies.