Sanjeev Lunkad and his group of persons acting in concert have crossed the significant 7% shareholding threshold in Kairosoft AI Solutions Ltd, triggering mandatory regulatory disclosures under SEBI's substantial acquisition regulations. The acquisition represents a notable increase in the group's stake in the artificial intelligence solutions company.

Acquisition Details and Shareholding Changes

The group acquired 1503 additional equity shares through open market transactions, with the 7% threshold being crossed on February 26, 2026. This acquisition increased their combined shareholding from 82123 shares to 83626 shares in the company.

Group Composition and Structure

Sanjeev Lunkad serves as the primary acquirer, with three family members acting as persons acting in concert (PAC). The group is classified as non-promoter entities in Kairosoft AI Solutions Ltd.

Company and Regulatory Information

Kairosoft AI Solutions Ltd is listed on BSE Limited and maintains its registered office at DLF Prime Towers in New Delhi's Okhla Industrial Estate. The company's total equity share capital stands at ₹1,18,29,560, comprising 11,82,956 equity shares of ₹10 each.

Key Transaction Details

• Transaction Date: February 26, 2026
• Disclosure Date: February 27, 2026
• Mode of Acquisition: Open Market
• Securities Type: Equity Shares
• Regulatory Framework: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Compliance and Disclosure Requirements

The acquisition triggered mandatory disclosure requirements under Regulation 29(2) of SEBI regulations, as the group's combined holding exceeded 7% of the company's total share capital. The formal disclosure was submitted to the company secretary and relevant stock exchange authorities on February 27, 2026.

The group confirmed no encumbrances, pledges, or non-disposal undertakings on their shareholding, and no holdings in warrants, convertible securities, or other instruments that could provide additional voting rights in the target company. All acquired shares carry standard voting rights without any special features or conversion ratios.

Sanjeev Lunkad and his persons acting in concert have reduced their stake in Kairosoft AI Solutions Ltd, triggering mandatory disclosure requirements under SEBI regulations. The transaction represents a strategic reduction in shareholding that brings their combined holding below the significant 7% threshold.

Transaction Details

The disclosure filed on February 12, 2026, reveals the sale of 3,711 equity shares through open market transactions completed on February 11, 2026. The following table summarizes the key transaction parameters:

Shareholding Analysis

The transaction resulted in a notable change in the shareholding pattern of Sanjeev Lunkad and his persons acting in concert:

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosure when shareholding crosses certain thresholds, including when it falls below 7% of the total share capital.

Persons Acting in Concert

The disclosure identifies the following individuals as persons acting in concert:

• Sanjeev Lunkad (Primary Acquirer)
• Sneha Lunkad (Person Acting in Concert)
• Rushank SS Lunkad (Person Acting in Concert)

Notably, the disclosure confirms that the acquirer group does not belong to the promoter or promoter group of the company.

Company Profile

Kairosoft AI Solutions Ltd maintains its corporate office at DPT 612, F-79 & 80, DLF Prime Towers, Okhla Industrial Estate, South Delhi, New Delhi-110020. The company's equity shares are listed on BSE Limited.

Share Capital Structure

The company's share capital structure remained unchanged following the transaction:

The transaction represents a routine shareholding adjustment that maintains transparency in ownership patterns while ensuring compliance with regulatory disclosure requirements.