Wasatch Advisors LP Increases Stake in Kfin Technologies to 9.233% Through Open Market Purchase

1 min read | Published on 22 Jan 2026, 08:31 AM |Updated on 22 Jan 2026, 08:31 AM

Reviewed by

Ashish TScanX News Team

Key Highlights

Wasatch Advisors LP, a US-based investment firm, has increased its shareholding in Kfin Technologies Ltd from 9.105% to 9.233% through an open market purchase of 220,783 shares on January 20, 2026. The acquisition, disclosed under SEBI regulations, represents a 0.128% increase in stake, bringing the total holding to 15,923,268 shares. The firm confirmed it is not part of the promoter group and holds no encumbrances or convertible instruments in the company.

*this image is generated using AI for illustrative purposes only.

US-based investment firm Wasatch Advisors LP has disclosed a substantial acquisition in kfin technologies under SEBI regulations, increasing its shareholding through an open market purchase. The transaction, completed on January 20, 2026, demonstrates continued institutional interest in the technology services company.

Transaction Details

The acquisition involved 220,783 shares purchased through open market operations, representing 0.128% of the total share capital. The transaction details are summarized below:

Parameter:	Details
Shares Acquired:	220,783
Acquisition Method:	Open Market Purchase
Transaction Date:	January 20, 2026
Percentage Acquired:	0.128%

Shareholding Changes

The acquisition resulted in a notable increase in Wasatch Advisors' stake in Kfin Technologies. The firm's shareholding position before and after the transaction shows steady accumulation:

Holding Period:	Number of Shares	Percentage Holding
Before Acquisition:	15,702,485	9.105%
After Acquisition:	15,923,268	9.233%
Net Change:	+220,783	+0.128%

The increased holding represents 9.233% of both the total share capital and diluted share capital of Kfin Technologies, indicating no dilutive instruments are currently outstanding.

Company Capital Structure

Kfin Technologies' equity share capital structure shows marginal changes following the transaction:

Capital Parameter:	Before Transaction	After Transaction
Equity Share Capital:	₹1,724,569,000.00	₹1,724,624,000.00
Total Issued Shares:	172,456,900	172,462,400
Par Value per Share:	₹10.00	₹10.00
Total Diluted Share Capital:	-	172,462,400

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Key regulatory aspects include:

Wasatch Advisors LP confirmed it does not belong to the promoter or promoter group
No encumbrances, pledges, or liens were reported on the acquired shares
No voting rights were acquired through instruments other than equity shares
The firm holds no warrants or convertible securities in the company

About the Acquirer

Wasatch Advisors LP, based in Salt Lake City, Utah, operates from 505 Wakara Way, 3rd Floor. The disclosure was signed by Dan Thurber, Vice President and General Counsel, on behalf of the firm on January 21, 2026. The acquisition reinforces the firm's investment strategy in the Indian technology sector, particularly in companies providing financial technology services.

Historical Stock Returns for KFin Technologies