Kreon Finnancial Services Limited has increased its shareholding in Kairosoft AI Solutions Limited to 19.79% following an open market acquisition of shares.

The transaction, disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was completed on October 7, 2026. The acquisition involved the purchase of 347,298 equity shares carrying voting rights.

Acquisition Details

Prior to this transaction, Kreon Financial held 1,994,033 shares, representing a 16.86% stake in the target company. The recent purchase added 2.93% to its total holding, pushing the cumulative stake above the 19% threshold.

The company confirmed that no warrants, convertible securities, or other instruments entitling it to receive shares were acquired or held during this period. The mode of acquisition was strictly through the open market.

Regulatory Disclosure

The disclosure was filed with BSE Limited and communicated to Kairosoft AI Solutions Limited. The filing was signed by Jaijash Tatia, Chairman and Managing Director of Kreon Finnancial Services Limited.

The target company’s equity share capital remained unchanged at ₹1,18,29,560/-, comprising 1,18,29,560 equity shares of ₹1 each, both before and after the said acquisition. There are no encumbrances or voting rights held otherwise than by equity shares by the acquirer.

Kreon Financial Services Limited increased its shareholding in Kairosoft AI Solutions Limited to 19.50% following the acquisition of equity shares on September 28, 2026. The transaction was executed through open market operations, bringing the acquirer's total holding up from 18.53%.

Transaction Details

The disclosure, filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that Kreon bought 114,220 equity shares carrying voting rights. This purchase represents a 0.97% increase in its stake relative to the target company's total voting capital. The date of acquisition is noted as September 28, 2026, when the holding crossed the 19% threshold.

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 28, 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 purchase was also noted as open market.