Kreon Finnancial Services Limited reduced its shareholding in Kairosoft AI Solutions Limited to 17.74% following the sale of equity shares on September 18, 2026. The transaction was executed through open market operations, bringing the acquirer's total holding down from 19.51%.

Transaction Details

The disclosure, filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that Kreon sold 210,203 equity shares carrying voting rights. This sale represents a 1.77% decrease in its stake relative to the target company's total voting capital.

The acquirer, identified as Jaijash Tatia, Chairman and Managing Director, holds these shares directly and is not part of the promoter group of Kairosoft AI Solutions. The shares acquired are equity shares that rank pari-passu with existing shares.

Stakeholding Structure

The following table outlines the change in Kreon's holding before and after the reported transaction:

Regulatory Context

Kreon filed this disclosure with BSE Limited on September 22, 2026. The target company, Kairosoft AI Solutions, has its registered office in New Delhi. The total equity share capital of the target company remains unchanged at ₹1,18,29,560/-, comprising 1,18,29,560 equity shares of ₹1 each.

No warrants, convertible securities, or other instruments entitling the holder to receive voting rights were involved in this specific transaction. The mode of acquisition for the existing holding prior to this sale was also noted as open market.

Kreon Financial Services disclosed a substantial acquisition of shares in Kairosoft AI Solutions Limited on September 11, 2026. The firm’s stake crossed the 19% threshold, triggering a mandatory filing under SEBI regulations.

The acquisition involved the purchase of 8,623 equity shares through the open market. This transaction increased Kreon Financial’s total holding from 18.36% to 19.09% of the target company’s total share and voting capital.

Acquisition Details

The filing submitted to BSE Limited outlines the specific movements in shareholding. Before this transaction, Kreon Financial held 217,226 shares carrying voting rights. There were no encumbrances, warrants, or convertible securities associated with the holding prior to or after the acquisition.

The acquired equity shares rank pari-passu with existing shares of Kairosoft AI Solutions. The target company’s total equity share capital remains unchanged at ₹1,18,29,560, comprising 11,82,956 equity shares of ₹10 each.

Regulatory Compliance

Jaijash Tatia, Chairman and Managing Director of Kreon Financial Services, signed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates disclosures when an acquirer’s stake crosses specific thresholds, including the 19% mark.

Kreon Financial is not part of the promoter group of Kairosoft AI Solutions. The filing confirms that no persons acting in concert (PAC) were involved in this specific transaction beyond the acquirer itself.