StockWatch
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Other Financial Services
Shareholding5 May 2026, 04:51 pm

Kreon Fin Services: 5.01% Stake in Shivansh Finserve

AI Summary

Kreon Finnancial Services Ltd acquired shares in Shivansh Finserve Limited, crossing the 5% holding threshold on April 30, 2026. The acquisition, executed through open market purchases, increased Kreon's stake to 312,673 shares, representing 5.01% of Shivansh Finserve's equity share capital. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Kreon Finnancial Services acquired additional shares of Shivansh Finserve via open market.
  • The acquisition resulted in Kreon holding 5.01% of Shivansh Finserve's equity.
  • The date of acquisition crossing 5% holding was April 30, 2026.
  • The disclosure was made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
  • Shivansh Finserve's equity share capital after acquisition remains at ₹6,24,00,000.