Kreon Financial Services Limited filed its annual SAST disclosure for FY26, revealing that promoters collectively hold 11242169 equity shares as of March 31, 2026. The disclosure, submitted by promoter Jaijash Tatia on behalf of the promoter group, confirms no encumbrances were created or released on promoter holdings during the financial year. The filing was made with BSE on April 03, 2026, in compliance with SEBI regulations.

Kreon Financial Services Limited Files Annual SAST Disclosure for FY26

Kreon finnancial services Limited has filed its mandatory annual disclosure under SEBI regulations, providing transparency on promoter shareholding and encumbrance status for the financial year ended March 31, 2026.

Regulatory Compliance Filing

The company submitted its annual disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed with the Bombay Stock Exchange Limited on April 03, 2026, by Chief Compliance Officer Niharika Goyal.

The filing was made on behalf of the promoter and promoter group, with Jaijash Tatia, who serves as Promoter, Chairman and Managing Director, providing the declaration for himself and other promoters of the company.

Promoter Shareholding Details

The disclosure reveals the current shareholding position of the promoter group as of the financial year end:

Parameter: Details Total Promoter Holding: 11242169 equity shares As of Date: March 31, 2026 Reporting Entity: Jaijash Tatia (on behalf of promoter group) Filing Date: April 03, 2026

Encumbrance Status

A key aspect of the annual SAST disclosure is the confirmation regarding encumbrances on promoter holdings. The promoter group has declared that no encumbrance or pledge was created, invoked, or released, either directly or indirectly, on the equity shares held by them during the financial year ended March 31, 2026.

This confirmation provides clarity to investors and regulatory authorities about the unencumbered nature of the promoter shareholding, which is a critical factor in assessing the stability of promoter commitment to the company.

Regulatory Framework

The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 mandate annual disclosures from promoters to ensure transparency in shareholding patterns and any changes in encumbrance status. This regulatory requirement helps maintain market integrity and provides investors with essential information about promoter holdings and their encumbrance status.

Kreon Financial Services Limited has successfully completed a postal ballot process for appointing Mrs. Riddhi Lunkad as Chief Strategy Officer, with the resolution receiving unanimous approval from participating shareholders. The company announced the outcome through a regulatory filing and detailed scrutinizer's report dated March 21, 2026.

Postal Ballot Resolution and Approval

The shareholders approved the appointment through an ordinary resolution conducted via remote e-voting. The scrutinizer's report, prepared by Lakshmmi Subramanian & Associates, Practicing Company Secretaries, Chennai, confirmed the successful completion of the voting process.

Resolution Details Specifications Nature of Resolution Ordinary Resolution Voting Requirement Simple Majority Total Participating Members 37 Total Shares Represented 1,39,29,265 Valid Votes Cast 36 members (99,54,965 shares) Votes in Favour 36 members (99,54,965 shares) Votes Against 0 Approval Percentage 100%

Process Timeline and Compliance Framework

The postal ballot process was conducted in strict accordance with regulatory requirements under multiple frameworks including the Companies Act, 2013, SEBI regulations, and MCA circulars.

Process Milestone Date Board Resolution for Scrutinizer Appointment February 13, 2026 Postal Ballot Notice Date February 16, 2026 Notice Dispatch to Shareholders February 16, 2026 Newspaper Advertisement February 17, 2026 E-voting Commencement February 19, 2026 (09:00 AM IST) E-voting Conclusion March 20, 2026 (05:00 PM IST) Scrutinizer's Report March 20, 2026 Regulatory Filing March 21, 2026

Regulatory Compliance and Documentation

The appointment process followed established corporate governance protocols under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provisions of the Companies Act, 2013. The postal ballot notice was dispatched to 1,898 shareholders whose email IDs are registered with RTA/Depositories.

The e-voting facility was provided by Purva Sharegistry (India) Private Limited, ensuring a transparent and fair voting mechanism. The scrutinizer's report confirmed that all electronic votes received until the deadline were considered for scrutiny, with the process witnessed by two independent witnesses.

Corporate Communication and Documentation

The outcome was formally communicated to the Bombay Stock Exchange Limited through a letter signed by Niharika Goyal, Chief Compliance Officer. The communication was digitally signed on March 21, 2026, ensuring proper documentation and regulatory compliance. The scrutinizer's report is also available on the company's website at www.kreon.in and on Purva Sharegistry's platform.

This appointment represents a strategic move by Kreon Financial Services Limited to strengthen its leadership team, with the unanimous shareholder approval demonstrating strong confidence in Mrs. Riddhi Lunkad's appointment as Chief Strategy Officer.

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