Kreon Financial Services Limited increased its holding in Kairosoft AI Solutions to 19.09% after acquiring 8,623 equity shares on September 11, 2026. The acquisition was executed through the open market.

The transaction pushes Kreon’s total shareholding to 225,849 shares, up from 217,226 shares previously held. This represents a rise of 0.73% in its voting capital stake. The acquirer is not part of the promoter group of the target company.

Regulatory Disclosure

Kreon filed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the 19% threshold was crossed on September 11, 2026. The shares acquired rank pari-passu with existing equity shares.

Shareholding Structure

Kairosoft AI Solutions has a total equity share capital of ₹1,18,29,560, comprising 11,82,956 equity shares of ₹10 each. There were no encumbrances, warrants, or convertible securities involved in this transaction.

Kairosoft AI Solutions Limited has submitted revised voting results for its 44th Annual General Meeting held on August 29, 2026, to rectify a calculation error in the initial filing. The company disclosed that 50,000 votes cast by a related party were inadvertently included in the original count for Resolution No. 4.

The revised Scrutinizer’s Report, filed on September 8, 2026, by Sumit Bajaj & Associates, confirms that the error was limited to Resolution No. 4. The report was submitted pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Stock Split Resolution Approved

The resolution to sub-divide equity shares from a face value of ₹10 each to ₹1 each was approved with 63.13% support. This ordinary resolution received 339,723 votes in favour and 198,417 votes against out of 538,140 total valid votes cast.

Consequently, Kairosoft AI has fixed September 18, 2026 as the record date for the stock split. Shareholders on record on this date will be eligible for the conversion of one ₹10 face value share into ten ₹1 face value shares. This change requires an alteration to Capital Clause "V" of the Memorandum of Association, which was also passed with identical voting figures.

AGM Voting Outcomes

The revised data clarifies the final status of all resolutions considered at the AGM:

The proposal to change Deva Ram’s designation to Managing Director failed to secure the required two-thirds majority for a special resolution, receiving only 62.43% support. He will continue to serve as Executive Director.

Other key outcomes included the reappointment of Santosh Kumar Kushawaha as a director by rotation and the approval of material related-party transactions with Hrihana Homes for FY26-FY27. The audited financials for FY26 were adopted with near-unanimous support at 99.98%.