Kreon Financial Services Limited has crossed the 15% shareholding threshold in Kairosoft AI Solutions Limited, prompting a mandatory disclosure under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The financial services firm acquired 13,735 equity shares of the target company in the open market on August 12, 2026. This acquisition represents a 1.16% increase in its voting power, bringing its total stake to 186,113 shares, or 15.73% of Kairosoft's total diluted share capital.

Acquisition Details

Prior to this transaction, Kreon held 172,378 shares, constituting 14.57% of the target company's voting capital. The newly acquired shares rank pari-passu with existing equity shares. There were no sales of shares or changes in encumbered holdings reported during this period.

The total equity share capital of Kairosoft AI Solutions Limited remains at ₹1,18,29,560, comprising 11,82,956 equity shares of ₹10 each. The acquisition was executed entirely through open market transactions, with no preferential allotments or rights issues involved.

Regulatory Compliance

Jaijash Tatia, Chairman and Managing Director of Kreon Financial Services Limited, signed the disclosure filed with the BSE Limited on August 12, 2026. The filing confirms that Kreon does not belong to the promoter group of Kairosoft AI Solutions Limited.

What the Numbers Show

The acquisition indicates a strategic consolidation of interest by Kreon Financial Services in Kairosoft AI Solutions. By crossing the 15% threshold via open market purchases rather than block deals or private placements, the acquirer demonstrates a willingness to absorb market impact costs to increase its stake incrementally. The absence of any pledged shares suggests the holding is unencumbered, providing flexibility for future strategic moves.

Kreon Financial Services has announced the schedule for its 32nd Annual General Meeting (AGM), set for Wednesday, August 26, 2026, at 11:00 AM IST. The meeting will be conducted through Video Conferencing (VC) in compliance with Ministry of Corporate Affairs (MCA) circulars. Shareholders holding securities as of the cut-off date, August 19, 2026, are eligible to participate and vote. This update clarifies the remote e-voting timeline and regulatory framework for the upcoming shareholder meeting.

The company’s Register of Members and Share Transfer Books will remain closed from August 20, 2026, to August 26, 2026, inclusive. This closure ensures an accurate record of shareholders entitled to vote. The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted to the Bombay Stock Exchange Limited on August 3, 2026.

E-Voting and Meeting Details

Remote e-voting will be facilitated by Purva Sharegistry (India) Private Limited. The voting window opens on Sunday, August 23, 2026, at 9:00 AM and closes on Tuesday, August 25, 2026, at 5:00 PM. The e-voting module will be disabled after the deadline. Shareholders who have already cast their votes remotely may attend the VC session but cannot vote again during the meeting.

Members holding shares in physical form without registered email addresses can obtain login credentials by emailing evoting@purvashare.com . The company has appointed M/s. Lakshmmi Subramanian & Associates as the Scrutinizer to ensure a fair voting process. Results will be announced on the company’s website and the stock exchange portal.

Regulatory Compliance

The notice was published in Trinity Mirror (English) and Makkal Kural (Tamil) on August 4, 2026, under Regulation 30 of the SEBI LODR Regulations. The electronic copies of the AGM notice and FY26 Annual Report were dispatched via email on August 3, 2026. These documents are also available on the company’s website, www.kreon.in , and the depository’s website, www.evoting.purvashare.com . Niharika Goyal, Chief Compliance Officer, signed the communication.