Kreon Financial Services Limited has increased its shareholding in Kairosoft AI Solutions Limited to 9.05% through an open market acquisition of 15,870 equity shares. The transaction, disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was completed on June 09, 2026. This acquisition pushed the acquirer's total voting rights past the 9% threshold, necessitating the regulatory filing.

Prior to this acquisition, Kreon Financial Services Limited held 91,237 shares, representing 7.71% of the total paid-up share capital. The purchase of an additional 15,870 shares, accounting for 1.34% of the capital, resulted in a post-acquisition holding of 107,107 shares. The acquirer confirmed that it does not belong to the promoter or promoter group of the target company.

The equity shares of Kairosoft AI Solutions Limited are listed on BSE Limited. The total equity share capital of the target company stands at Rs. 1,18,29,560, comprising 11,82,956 equity shares of Rs. 10 each. There were no changes to the company's total voting capital or diluted share capital as a result of this specific transaction.

Acquisition Details

The disclosure provides a breakdown of the shareholding pattern before and after the transaction. The acquired shares rank pari-passu with the existing equity shares of the company. No other instruments such as warrants, convertible securities, or encumbered shares were involved in this transaction.

Shareholding Pattern

The disclosure was submitted by Jaijash Tatia, Chairman and Managing Director of Kreon Financial Services Limited. The filing was addressed to the Department of Corporate Services at BSE Limited and the Compliance Officer of Kairosoft AI Solutions Limited to comply with regulatory requirements.

Kairosoft AI Solutions Limited corrected clerical errors in its segment-wise reporting for the financial year ended March 31, 2026, subsequent to the initial submission of its audited standalone financial results. The company clarified that the correction pertains to the Profit/(Loss) before Interest and Tax for the segments "Artificial Intelligence, Web and App Development" and "Unallocable" for the fourth quarter and financial year. The discrepancies arose from inadvertent errors and have no impact on the overall financial results, financial position, profitability, cash flows, or earnings per share of the company.

The Board of Directors had initially approved the audited standalone financial results for the fourth quarter and financial year ended March 31, 2026, in a meeting held on May 30, 2026. The revised submission was made to BSE Limited on June 1, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. S Agarwal & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results.

Financial Performance

The company reported a net loss of ₹42.54 lakh for FY26 on a total income of ₹451.10 lakh. For the quarter ended March 31, 2026, the net loss was ₹14.23 lakh. Earnings per share (EPS) for FY26 was reported at (₹3.60), an improvement from (₹20.23) in the previous year. Equity share capital remained constant at ₹118.30 lakh during the period under review.

Segment Reporting Corrections

The corrected figures for the "Artificial Intelligence, Web and App Development" segment show a Profit/(Loss) before Interest and Tax of (₹19.18 lakh) for Q4FY26 and (₹152.76 lakh) for FY26, replacing the previously reported ₹5.50 lakh and (₹68.72 lakh) respectively. The "Unallocable" segment for Q4FY26 was corrected to (₹28.19 lakh) from the previously reported (₹6.60 lakh). The company confirmed that it has no subsidiary, associate, or joint venture companies.