Kairosoft AI Solutions: Kreon Sells 87,003 Shares, Stake Falls to 18.76%
Kreon Finnancial Services sold 87,003 Kairosoft AI Solutions shares in the open market, reducing its holding from 19.50% to 18.76%, a BSE disclosure shows.
Kairosoft AI Solutions Ltd shareholder Kreon Finnancial Services Limited sold 87,003 shares through the open market, reducing its stake to 18.76% from 19.50%, according to a disclosure published on BSE on October 5, 2026. The filing lists September 29, 2026, as the transaction date.
The disclosure, dated October 1, 2026, was submitted by Kreon under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It identifies Kreon as a shareholder outside Kairosoft’s promoter and promoter group.
Although the annexure uses a standard acquisition-and-sale format, the reported shareholding figures show a sale of 87,003 equity shares. The number of shares held declined from 23,06,236 before the transaction to 22,19,233 afterwards.
Kreon’s holding falls below 19%
The shares sold represented 0.74% of Kairosoft’s total share and voting capital, according to the filing. Kreon’s resulting 18.76% holding was also reported as the same percentage of the company’s diluted share and voting capital.
| Holding measure | Before sale | After sale |
|---|---|---|
| Equity shares held | 23,06,236 | 22,19,233 |
| Shareholding | 19.50% | 18.76% |
The disclosure records the transaction mode as open market and identifies the securities involved as equity shares of the target company. It does not provide the sale price or transaction consideration, so the value of the disposal cannot be established from the supplied filing.
Kreon reported nil holdings in the other listed categories, including encumbered shares, voting rights otherwise than through equity shares, and warrants or convertible instruments, both before and after the transaction.
Equity capital remains unchanged
Kairosoft’s total equity share capital remained Rs 1,18,29,560, comprising 1,18,29,560 equity shares of Re 1 each, before and after the sale. The filing reports the same figure for total diluted share and voting capital after the transaction.
The disclosed change therefore concerns Kreon’s ownership of existing shares, with no change in the target company’s reported equity capital. The document was addressed to BSE and Kairosoft’s compliance officer and signed by Jaijash Tatia, Chairman and Managing Director of Kreon Finnancial Services Limited, in Chennai.