
Divestment22 Sept 2026, 03:05 pm
Kreon Finnancial sells 1.77% stake in Kairosoft AI, now holds 17.74%
AI Summary
Kreon Finnancial Services Limited has divested a 1.77% stake in Kairosoft AI Solutions Limited through an open market transaction. Following this sale, Kreon Finnancial's shareholding in Kairosoft AI now stands at 17.74%. Prior to this transaction, Kreon held 19.51% of Kairosoft AI. The sale involved 210,203 equity shares. This disclosure is made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a change in substantial shareholding. The transaction date, when the holding went below 19%, was September 18, 2026.
Key Highlights
- Kreon Finnancial sold 1.77% stake in Kairosoft AI Solutions.
- Post-sale, Kreon's holding is 17.74% in Kairosoft AI.
- The shares were divested via an open market transaction.
- Holding decreased from 19.51% to 17.74% on Sep 18, 2026.
- Disclosure made under SEBI Takeover Regulations 29(2).
Price Impact
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