Mirae Asset: Acquires 1.44% Stake in Kfin Technologies

Mirae Asset Investment Managers (India) Private Limited has disclosed its acquisition of shares in Kfin Technologies Ltd. The transaction, dated August 20, 2026, resulted in Mirae Asset acquiring 24,94,888 shares, representing 1.44% of the total diluted share capital. This acquisition brings the acquirer’s total holding to 6.11% of the diluted share capital, as per the disclosure filed with the stock exchanges.

Mirae Asset Increases Stake in Kfin Technologies

Mirae Asset Investment Managers (India) Private Limited has formally announced a substantial acquisition of shares in Kfin Technologies Ltd. The disclosure, made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the transaction that occurred on August 20, 2026.

Acquisition Details and Holdings

The acquisition involved 24,94,888 shares carrying voting rights. This transaction represents 1.44% of the total diluted share capital of Kfin Technologies. Following this acquisition, the total holding of Mirae Asset Investment Managers (India) Private Limited, along with its Persons Acting in Concert (PACs), now stands at 10,561,237 shares. This constitutes 6.11% of the total share capital and 6.11% of the total diluted share capital of the target company.

Mode of Acquisition

The shares were acquired through the Open Market. The company confirmed that this acquisition does not involve any preferential allotment, rights issue, or inter-se transfer. The date of acquisition, or the date of receipt of intimation of allotment, was August 20, 2026. The total diluted share capital of Kfin Technologies after the said acquisition is 173,734,921.

Previous Holding

Before this acquisition, the acquirer and its PACs held 8,066,349 shares, which accounted for 4.67% of the total share capital and 4.67% of the total diluted share capital of Kfin Technologies Ltd.

Source: BSE

Previous Article

Gujarat Terce Laboratories: Aalap Prajapati Re-appointed MD & CEO for 3 Years

Next Article

Yatharth Hospital: Sets AGM Date for September 25, 2026