Sector & Market
Kreon Financial Acquires 0.51% Stake in Kairosoft AI
Bulk Deal
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
26th Aug 2026
Key Quantitative Figures
- Number of shares acquired: 5,996 equity shares
- Percentage of total share/voting capital acquired: 0.51%
- Pre-acquisition holding: 197,077 shares (16.66% of total capital)
- Post-acquisition holding: 203,073 shares (17.17% of total capital)
- Total equity share capital of Kairosoft AI: ₹1,18,29,560 (11,82,956 equity shares of ₹10 each)
- Total diluted share/voting capital remains unchanged at ₹1,18,29,560
Dates of Action
- Date of acquisition: August 26, 2026 (date when 17% holding threshold was crossed)
- Disclosure filing date: August 26, 2026
Parties Involved
- Acquirer: Kreon Financial Services Limited (CIN: L65921TN1994PLC029317)
- Target Company: Kairosoft AI Solutions Limited
- Stock Exchange: BSE Limited (Scrip Code: 530139)
Mode and Details of Acquisition
- Mode of acquisition: Open market purchase
- Type of securities acquired: Equity shares of Kairosoft AI Solutions Limited
- Salient features: Equity shares rank pari-passu with existing shares
Promoter Status and Encumbrances
- Kreon Financial Services Limited confirmed it does not belong to the promoter/promoter group of Kairosoft AI
- No shares are encumbered (pledge/lien/non-disposal undertaking) by the acquirer
- No warrants, convertible securities, or other instruments entitling to voting rights
Capital Structure Impact
- The acquisition represents a change in ownership without alteration to the company's total share capital
- Voting rights increased by 0.51 percentage points from 16.66% to 17.17%
- Total number of outstanding shares remains unchanged at 11,82,956 equity shares