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

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.66%	-2.88%	-3.81%	-18.62%	-7.01%	+185.01%

KFin Technologies announced on January 15, 2026, that it has received a formal request for reclassification from Capital Foods Private Limited (CFPL), currently categorized under the 'Promoter Group' category. The entity seeks reclassification to the 'Public' category under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Request Details and Timeline

The reclassification request was submitted on January 14, 2026, at approximately 8:19 p.m. IST. KFin Technologies informed both the National Stock Exchange of India Limited and BSE Limited about this development through official communication dated January 15, 2026.

Parameter	Details
Request Date	January 14, 2026
Request Time	8:19 p.m. IST
Requesting Entity	Capital Foods Private Limited
Current Category	Promoter Group
Requested Category	Public

Background and Justification

The reclassification request stems from significant changes in the ownership structure involving General Atlantic entities. Previously, General Atlantic Singapore Fund Pte. Ltd. (GASF) and its wholly-owned subsidiary General Atlantic Singapore CF Pte. Ltd. (GAS CF), along with Capital Foods Private Limited, were classified as 'Promoter & Promoter Group' of KFin Technologies.

The key development triggering this request is the complete divestment of GAS CF's stake in Capital Foods Private Limited. Following this divestment, CFPL is no longer related to the General Atlantic entities and has no stake or interest in KFin Technologies.

Current Shareholding Position

Entity Details	Current Status
Entity Name	Capital Foods Private Limited
Current Category	Promoter and Promoter Group
Shares Held in KFin	NIL
Shareholding Percentage	NIL
Seeking Reclassification To	Public Category

Notably, Capital Foods Private Limited does not hold any shares in KFin Technologies, which supports its case for reclassification to the public category.

Regulatory Compliance Confirmations

In accordance with Regulation 31A of the SEBI LODR Regulations, Capital Foods Private Limited has provided comprehensive undertakings to support its reclassification request:

The entity, along with related persons, does not hold more than 10.00% of total voting rights in KFin Technologies
No exercise of control over KFin Technologies affairs, directly or indirectly
Absence of special rights through formal or informal arrangements, including shareholder agreements
No representation on the Board of Directors and no nominee director
Not acting as a Key Managerial Person in KFin Technologies
Clean record as not being a wilful defaulter per RBI Guidelines for the last three years
Not classified as a fugitive economic offender for the last three years

Next Steps

KFin Technologies has confirmed that the reclassification request will be placed before the Board of Directors for consideration. The company will take requisite action in accordance with Regulation 31A of the LODR Regulations. The formal request letter from Capital Foods Private Limited has been submitted as supporting documentation for the board's review.

This corporate action reflects the evolving ownership structures in the financial services sector and demonstrates compliance with SEBI's regulatory framework for promoter group reclassifications.