Kairosoft AI approves 1:10 split, ₹49.5cr rights issue
Kairosoft AI Solutions Ltd
PANKAJPIYUS
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What the board approved on August 18, 2026
Kairosoft AI Solutions Limited said its board of directors approved two corporate actions at a meeting held on August 18, 2026. The first is a 1:10 stock split that will reduce the face value of each equity share from ₹10 to ₹1. The second is a capital raise via a rights issue of equity shares worth up to ₹49.5 crore. The company said both proposals are subject to shareholder approval. The approvals are expected to be sought at the annual general meeting (AGM) scheduled for August 29, 2026.
Stock split structure: face value cut from ₹10 to ₹1
Under the proposed split, one equity share of face value ₹10 will be subdivided into ten equity shares of face value ₹1 each. The company said the objective is to enhance liquidity in the capital market. It also said the split is intended to widen the shareholder base. Management indicated that a lower face value can make the share more affordable for smaller investors. The company added that the split will be implemented in the manner determined by the board, subject to shareholder and other required approvals.
How the authorised share capital will change
The company disclosed the change in its equity share structure on a pre-split versus post-split basis. The authorised share capital currently stands at 1.9 crore equity shares of ₹10 each. After the subdivision, it will become 19 crore equity shares of ₹1 each. While the number of shares increases, the overall authorised capital amount remains the same because the face value reduces proportionately.
Issued and paid-up equity shares: what adjusts post-split
Kairosoft AI Solutions also disclosed the impact on issued, subscribed, and paid-up share capital. Pre-split, the issued and paid-up equity shares stand at 11,82,956 shares. Post-split, this number will adjust to 1,18,29,560 shares. This is consistent with the 1:10 split ratio. The company positioned the move as a step that can support liquidity and a broader shareholder base once implemented.
Rights issue plan: up to ₹49.5 crore fundraising
Alongside the split, the board approved raising funds of up to ₹49.5 crore through a rights issue of equity shares to eligible shareholders. The company’s disclosure states the fundraising is subject to approvals required under applicable laws and regulations. It also noted that fundraising could be evaluated through various permissible modes or instruments. These include equity shares, preference shares, convertible securities, debentures, bonds, or other securities. However, the board specifically approved the rights issue route in the announcement tied to the August 18 meeting.
Shareholder vote at AGM on August 29, 2026
Both the stock split and the proposed rights issue will require shareholder approval. The company said the AGM is scheduled for August 29, 2026, where these matters will be placed for approval. In addition to shareholder approval, the actions will require other requisite regulatory approvals where applicable. The company has not disclosed in the provided information any record date or issue terms for the proposed ₹49.5 crore rights issue.
BSE intimation, code, and board meeting location
The company informed BSE Limited about the scheduled board meeting and agenda items. The BSE scrip code referenced is 506122 for Kairosoft AI. The meeting was scheduled at the company’s registered office at Unit No. 500, 5th Floor, ITL Twin Tower, Plot No. B-9, NSP, Pitampura, Saraswati Vihar, North West Delhi, Delhi, India, 110034. The agenda included the stock split proposal, fundraising via permissible methods, and any other matters with the permission of the Chair.
Trading window closure noted in the disclosure
Kairosoft AI Solutions also noted that, in line with its “Code of Conduct to Regulate, Monitor and Report Trading by Designated Person,” the trading window for dealing in the company’s equity shares was closed. The disclosure stated that the trading window would remain closed until August 18, 2026. This was communicated as part of the intimation around the board meeting and the consideration of corporate actions.
Background: the company’s earlier rights issue details from 2025
The provided information also references a separate rights issue event in 2025 under the company’s earlier name, Pankaj Piyush Trade & Investment Ltd (now Kairosoft AI Solutions Limited). For that rights issue, the record date is stated as February 11, 2025, and the issue price is stated as ₹240 per share in one section, while other details mention ₹250 per share (including a premium of ₹240). The issue size is stated as up to 8,00,000 equity shares and ₹20.00 crore, with the rights issue subscription period referenced as February 20, 2025 to March 5, 2025. The Rights Issue Committee meeting held on March 10, 2025 approved the allotment of 7,82,956 equity shares at an issue price of ₹250 per share (including premium of ₹240).
Key facts at a glance
Timeline comparison: 2025 rights issue vs 2026 proposals
Market impact: what changes and what stays the same
A stock split changes the number of shares and the face value per share, but it does not by itself change the underlying business operations. In Kairosoft AI’s case, the split increases the number of shares by a factor of 10 and reduces face value from ₹10 to ₹1, which the company says is aimed at improving liquidity and affordability. The rights issue proposal introduces a potential increase in equity capital, depending on the final issue terms and subscription. The company has disclosed the maximum size of the rights issue as up to ₹49.5 crore, but detailed parameters like issue price, ratio, and record date are not included in the provided information. Investors typically track these details once the company publishes formal rights issue terms after approvals.
Analysis: why the combination of split and rights issue matters
The combination of a stock split and a rights issue is often used to address two different objectives. The split is positioned as a step to make share denominations smaller and potentially support trading liquidity, while the rights issue is a direct funding route from existing shareholders. The company’s board agenda also shows it evaluated fundraising through multiple permissible routes, indicating flexibility in capital planning. With shareholder approval scheduled at the August 29, 2026 AGM, the key near-term checkpoint is whether shareholders approve both actions and when the company discloses the specific rights issue structure.
Conclusion
Kairosoft AI Solutions Limited has approved a 1:10 stock split and a rights issue of up to ₹49.5 crore, with both actions subject to shareholder approval at the AGM on August 29, 2026. The stock split will change the face value from ₹10 to ₹1 and adjust the authorised and paid-up share counts proportionately. The company has also indicated a fundraising plan via rights issue, but detailed terms are yet to be disclosed in the provided information. The next confirmed milestone is the AGM vote, after which the company can proceed with further regulatory steps and detailed announcements.
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