The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjeev Lunkad & PAC
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Sanjeev Lunkad, along with Persons Acting in Concert (Sneha Lunkad and Rushanks S Lunkad), has disclosed an open-market acquisition of 2,329 equity shares in Kairosoft AI Solutions Ltd as of 22 January 2026. With this purchase, their combined holding in the company rose from 81,348 shares (6.88%) to 83,677 shares (7.07%) of the total equity capital. The filing is triggered because their holding has crossed the 7% mark under SEBI's Takeover Regulations. Importantly, the acquirer explicitly states they do not belong to the promoter or promoter group of the company. The total equity share capital of the company stands at Rs. 1,18,29,560 comprising 11,82,956 equity shares of Rs. 10 each.
This is a non-promoter creeping acquisition that has crossed the 7% disclosure threshold, indicating a steadily growing external stake in the company. While the incremental purchase is small (0.19%), continued accumulation could approach the 10% mark, which would trigger further disclosure obligations and potential open offer considerations under SEBI takeover rules.