Kairosoft AI Solutions Ltd has taken a significant step in resolving its regulatory concerns by withdrawing its writ petition against the Bombay Stock Exchange (BSE) from the Bombay High Court. This decision comes in the wake of the company's securities being removed from the Graded Surveillance Measure (GSM-Stage 4), a development that has eased tensions between the AI solutions provider and the stock exchange.

Removal from Graded Surveillance Measure

On August 5, 2025, the BSE issued a notice informing that Kairosoft AI Solutions' securities would be moved out of GSM-Stage 4 effective August 6, 2025. This action by the BSE was a crucial factor in the company's decision to withdraw its legal petition.

Legal Proceedings and Withdrawal

The company had initially filed Writ Petition No. 2966 of 2025 against the BSE in the Bombay High Court. However, following the removal from the surveillance measure, Kairosoft AI Solutions' management conducted a thorough review of the situation and unanimously decided to withdraw the petition.

On September 17, 2025, during a hearing at the Bombay High Court, the company's request to withdraw the petition was granted. The court, presided over by Justices R.I. Chagla and Farhan P. Dubash, disposed of the case as withdrawn, effectively bringing the legal proceedings to a close.

Company's Official Communication

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kairosoft AI Solutions submitted an official update to the BSE on September 19, 2025. The company's Company Secretary and Compliance Officer, Naina Soni, informed the stock exchange about the withdrawal of the writ petition and the subsequent disposal of the case by the Bombay High Court.

Implications for Investors

The resolution of this legal matter and the removal of Kairosoft AI Solutions from the Graded Surveillance Measure are positive developments for the company and its stakeholders. These actions suggest an improvement in the company's regulatory standing and may help restore investor confidence.

As the AI solutions sector continues to evolve, Kairosoft AI Solutions' focus on resolving regulatory issues demonstrates its commitment to maintaining transparency and compliance with stock market regulations.

Kairosoft AI Solutions Limited, a leading player in the AI industry, has unveiled significant changes to its management structure and auditor appointments, as approved by its members at a meeting held on September 15, 2025.

Executive Appointments and Changes

The company has made several key changes to its leadership team:

• Mr. Deva Ram: Elevated from Non-Executive Non-Independent Director to Executive Director, effective August 5, 2025. Mr. Ram, with over two years of experience in Secretarial and Compliance departments, will receive an annual remuneration of INR 12.00 lakh.

• Mr. Santosh Kumar Kushawaha: Appointed as a Non-Executive Non-Independent Director, also effective August 5, 2025. Mr. Kushawaha brings over 20 years of industry experience, particularly in investment and funding.

• Mr. Sagar Khurana: The company ratified Mr. Khurana's appointment terms as Managing Director. His position is not liable to retire by rotation for his five-year term from June 13, 2024, to June 12, 2029. Mr. Khurana, holding a Bachelor of Technology degree, has 12 years of experience in business management, specifically in injection molding and printing.

Auditor Appointments

Kairosoft AI Solutions has also made significant changes to its auditing team:

• M/s S Agarwal & Co.: Appointed as Statutory Auditors for five consecutive financial years from 2025-26 to 2029-30. The firm is known for its experience with leading Indian and domestic companies across various industries.

• M/s Sumit Bajaj & Associates: Appointed as Secretarial Auditor for the same period. Mr. Sumit Bajaj, an Associate Member of the Institute of Company Secretaries of India, brings expertise in Secretarial Compliances and Corporate Secretarial functions.

Corporate Governance and Transparency

These appointments and changes reflect Kairosoft AI Solutions' commitment to strong corporate governance and transparency. The company has ensured compliance with SEBI Listing Regulations and other relevant regulatory requirements in making these decisions.

The restructuring aims to strengthen the company's leadership team and enhance its capabilities in the rapidly evolving AI industry. With a blend of experienced professionals and fresh perspectives, Kairosoft AI Solutions is positioning itself for future growth and innovation in the AI sector.

Investors and stakeholders will be keenly watching how these changes impact the company's performance and strategic direction in the coming years.