Opti Products Private Limited has increased its shareholding in Kreon Financial Services Limited to 60.53583% through the acquisition of 998,123 equity shares. The purchases were executed via open market transactions on June 3 and June 4, 2026, as disclosed under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The acquirer, belonging to the promoter group of Kreon Financial Services Limited , purchased 698,123 shares on June 3, 2026, followed by 300,000 shares on June 4, 2026. Following these transactions, the total holding of the acquirer along with Persons Acting in Concert (PAC) rose to 1,22,40,692 shares.

The voting rights of the target company prior to the acquisition stood at 55.60%, held by the acquirer and PAC. The recent acquisition has pushed this figure to 60.53583%. The equity shares acquired rank pari-passu to the existing shares of the company.

Shareholding Pattern

The following table outlines the changes in the shareholding structure of Kreon Financial Services Limited:

Regulatory Disclosures

The total equity share capital of Kreon Financial Services Limited remains at Rs. 20,22,20,000, comprising 2,02,22,000 equity shares of Rs. 10 each. The disclosures were submitted to the Chief Compliance Officer of Kreon Financial Services Limited and the stock exchanges. Chandrakantha Tatia, Director of Opti Products Private Limited, signed the disclosure on June 4, 2026.

Kreon Financial Services Limited has approved its audited financial statements for the year ended March 31, 2026. The Board of Directors granted the approval during a meeting held on May 29, 2026, in accordance with Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The statutory audit report was issued by M/s. Darpan & Associates, Chartered Accountants. The Board also took note of the compliances for the quarter ended March 31, 2026, and the Annual Secretarial Compliance Report of the company.

Additionally, the Board reviewed the Corporate Social Responsibility (CSR) applicability of the company for FY 2026-27. It approved material related party transactions, subject to the approval of the shareholders.

The meeting commenced at 04:45 pm and concluded at 05:32 pm. The audited financial statements and the statutory audit report will be filed separately with the exchange.

Key Approvals