Please find enclosed herewith press release.
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Awaiting price reaction for this filing.
Kairosoft AI Solutions Ltd has been placed under Graded Surveillance Measure (GSM) Stage 4 by BSE, which is a heightened surveillance category that restricts trading and adds extra scrutiny on the stock. The company states it had already made the required disclosures to the exchange and believes the GSM-4 classification is not justified. The management has decided to file a writ petition in court challenging BSE's decision to categorize the company under GSM-4. The company says it is taking this step to protect shareholder interests and the integrity of its operations, and will keep investors updated on developments.
GSM-4 listing typically signals serious regulatory concerns and can lead to heavy trading restrictions and sharp declines in liquidity and stock price. The company's decision to legally challenge the classification may provide some reassurance to shareholders, but until resolved, the stock remains under enhanced surveillance risk.