The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjeev Lunkad & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanjeev Lunkad (along with PACs Snehal Lunkad, Rushanks Lunkad, and Riddhi Lunkad) sold 7,088 equity shares of Kairosoft AI Solutions Ltd in an open market transaction on May 12, 2026. This reduced their total holding from 83,329 shares (7.04%) to 76,241 shares (6.44%) of the company's paid-up capital of Rs. 1,18,29,560. The acquirer and PACs are explicitly stated as not belonging to the Promoter/Promoter group. The disclosure is triggered because the holding crossed below the 7% threshold.
This represents a further reduction in the stake of an existing shareholder below the 7% level. Since the seller is not a promoter, this is not a promoter stake sale and may have limited direct impact on the stock, though any reduction in significant shareholders can signal reduced confidence.