KFKreon Finnancial Services530139Institutional stake sell

Open market sale of 31,292 shares (0.26%); stake falls from 19.20% to 18.94%

Kreon Finnancial Services Limited has sold 31,292 equity shares of Kairosoft AI Solutions Ltd, equal to 0.26% of its voting capital, through the open market.

By ScoutQuest · Fri 23 Oct 2026, 6:44 PM IST · 2 min read

Shares Sold

31,292 equity shares, equal to 0.26% of voting capital, through the open market

Holding After Sale

22,40,308 shares, or 18.94% (with persons acting in concert)

Holding Before Sale

22,71,600 shares, or 19.20%

What the update says

Kreon Finnancial Services Limited has reported a sale of equity shares of Kairosoft AI Solutions Ltd under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was routed through the open market and is dated 22-10-2026, which the update describes as the date on which the holding went below 19%.

• Shares sold: 31,292
• Share of voting capital sold: 0.26%
• Mode: Open Market
• The acquirer is not part of the promoter or promoter group of the target company

Holding before and after

• Before the sale, the acquirer along with persons acting in concert held 22,71,600 shares, or 19.20% of the voting capital
• After the sale, the holding is 22,40,308 shares, or 18.94% of the voting capital
• The change of 31,292 shares equals 0.26%

The company's arithmetic is consistent: 22,71,600 minus 31,292 comes to 22,40,308, and 19.20% minus 0.26% comes to 18.94%.

Share capital of the target company

• Equity share capital before the sale: Rs. 1,18,29,560/-, made up of ~1.18 crore equity shares of Rs. 1/- each
• Equity share capital after the sale: Rs. 1,18,29,560/-, made up of ~1.18 crore equity shares of Rs. 1/- each
• Total diluted share/voting capital after the sale: Rs. 1,18,29,560/-

The share capital is unchanged, so the fall in the percentage holding comes only from the shares sold, not from any change in the number of shares the company has outstanding.

What is not there in the holding

Against the lines for shares in the nature of encumbrance, voting rights otherwise than through equity shares, and warrants or convertible securities, the update records Nil for the position before the sale and Nil for the position after it. In other words, the disclosed holding is plain equity carrying voting rights, with nothing shown as restricted or as a right to receive shares later.

How a retail investor can read this

• This is a shareholding-disclosure update, not a company announcement about Kairosoft AI Solutions' business, results or orders.
• It records a sale by a financial investor that is not part of the promoter group. A 0.26% change is small in size, and the stake moving from 19.20% to 18.94% is the trigger for reporting it, since the update itself notes the date as the one on which the holding went below 19%.
• The stake is still large in percentage terms at 18.94%, but the update does not say anything about the seller's intentions beyond this one transaction.
• Because the share capital of the target company is unchanged, the percentage movement reflects only the shares sold.

The key facts to check are the number of shares sold, the open-market route, the before and after holding, and the date of the transaction. Those are the figures the update itself puts on record.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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