Kairosoft AI Solutions Limited published newspaper advertisements for the addendum to its 44th annual general meeting (AGM) notice on August 20, 2026. The addendum, which forms an integral part of the original notice dated August 6, 2026, was circulated to shareholders ahead of the meeting scheduled for August 29, 2026.

The publication confirms that the Board of Directors approved the stock split and subsequent alteration to the Memorandum of Association (MOA) in its meeting held on August 18, 2026. These resolutions are listed as special business items in the AGM addendum and require shareholder approval via ordinary resolution under Sections 13, 61, and 64 of the Companies Act, 2013.

Revised Capital Structure

Under the proposed resolution, the authorized share capital will increase from ₹19 crore to ₹21 crore. This involves introducing a new class of preference shares alongside the existing equity shares. The aggregate amount of authorized capital will rise by ₹2 crore to reach ₹21 crore.

The issued, subscribed, and paid-up share capital remains unchanged at 11,82,956 equity shares pre-split, adjusting to 1,18,29,560 shares post-split. The explanatory statement clarifies that the sub-division is an arithmetic exercise intended to improve liquidity without diluting existing shareholding percentages.

Stock Split and Rights Issue Context

The capital clause alteration is consequential to the stock split approved by the Board on August 18, 2026. The split subdivides one equity share of face value ₹10 into ten equity shares of face value ₹1 each. Management stated this move aims to enhance market accessibility and make shares more affordable for small investors.

Alongside the split, the board had previously approved raising up to ₹49.5 crore through a rights issue of equity shares to eligible shareholders. The terms and conditions for the rights issue are to be decided by the Board or the Rights Issue Committee, with the draft letter of offer filed with BSE Limited for in-principle approval. The proceeds from the rights issue are intended to support future growth initiatives.

Regulatory Approvals Required

The alteration of the MOA requires the approval of members via an ordinary resolution. The addendum notes that none of the directors or key managerial personnel have any financial interest in the resolution. Upon approval, the company will execute necessary documents with stock exchanges and depositories to implement the changes. The record date for the stock split will be fixed by the Board after obtaining all requisite statutory approvals.

Kreon Financial Services Limited has increased its stake in Kairosoft AI Solutions to 15.73%, crossing the significant shareholding threshold mandated by securities regulations. The financial services firm acquired an additional 13,735 equity shares through the open market on August 12, 2026, pushing its total holding to 186,113 shares.

The acquisition was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Kreon held 172,378 shares, which accounted for 14.57% of the target company’s total voting capital. The newly acquired shares rank pari-passu with existing equity shares.

Transaction Details

Kairosoft AI Solutions has a total equity share capital of ₹1,18,29,560, comprising 11,82,956 equity shares with a face value of ₹10 each. The total diluted share and voting capital remains unchanged at this figure, as there are no outstanding convertible securities or warrants.

Jaijash Tatia, Chairman and Managing Director of Kreon Financial Services Limited, signed the disclosure filed with BSE Limited. The acquirer is not part of the promoter group of the target company. No shares were sold or encumbered during this period.