The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kreon Finnancial Services Ltd
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Kreon Financial Services Limited acquired 2,321 equity shares (0.04%) of Shivansh Finserve Limited through open market purchase on April 30, 2026. Following this acquisition, Kreon's total holding rose to 3,12,673 shares representing 5.01% of the total share capital. The acquirer explicitly stated they do not belong to the Promoter/Promoter group. The filing triggers the 5% threshold disclosure requirement under SEBI SAST Regulations, 2011. Total paid-up capital of the company remains Rs. 6.24 crore (62,40,000 equity shares of Rs. 10 each).
Kreon Financial Services has crossed the 5% statutory threshold and is now required to make further disclosures if it crosses 10% and each subsequent 5% increment under SAST regulations. Non-promoter status means this is a passive institutional or strategic investor building a position.