KS Smart Technologies Limited — Capital/Financing Update 2026

Feb 11, 2026

Ref. no – BSE/2025-26/Q4-18

Date: 11[th] February 2026

To, The Manager – Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001.

Scrip code: 516038

Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on incorporation of a step-down subsidiary.

Dear Sir/Madam,

This is in continuation of our earlier disclosure dated 13 November 2025 made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) regarding the proposal for incorporation of a step-down subsidiary.

We wish to inform you that there has been a modification in the proposed shareholding structure, KS Smart Solutions Private Limited, a wholly owned subsidiary of the Company, shall now hold 100% of the equity share capital of the proposed entity, as against the earlier proposed holding of 51%.

Accordingly, upon incorporation, the proposed entity shall become a wholly owned step-down subsidiary of KS Smart Technologies Limited.

The details of the said investment, as required under SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as Annexure – I.

Kindly take the same on record.

Yours faithfully, For KS Smart Technologies Limited (Formerly known as Soma Papers and Industries Limited)

Priyanka Malpani R PRIYANKA MALPANI Digitally signed by R PRIYANKA MALPANI DN: c=IN, postalCode=600012, st=TAMIL NADU, street=FLAT NO. 304 TOWER 23 NORTH TOWN APARTMENTS ,NO.4-6 STEPHONSON ROAD ,CHENNAI,PERAMBUR ,600012, l=CHENNAI, o=Personal, serialNumber=d23ccab33c7f5586d8a839e5d60fa64b52fa57ca874e1c9dddab8bea5bdfa37b, pseudonym=218a581b39b94850bec9aa554854a9eb, 2.5.4.20=6ee160159d9efa4f40ddd08eb7371963ffa5b4baa60b652f6773eb66ff7f79c6, email=PRIYANKA@KSSMART.CO, cn=R PRIYANKA MALPANI Date: 2026.02.11 19:04:37 +05'30' Company Secretary & Compliance Officer A64349

==> picture [501 x 34] intentionally omitted <==

==> picture [505 x 672] intentionally omitted <==

----- Start of picture text -----

Annexure I
Name of the target entity, details in brief such The wholly owned subsidiary of the Company, KS
as size, turnover etc. Smart Solutions Private Limited (KSSPL), has
amended the proposal to incorporate a new wholly
owned subsidiary under the name Ikshanaa
Technology Solutions Private Limited or such
other name as applied for and approved by the
regulatory authorities.
The proposed step-down subsidiary will engage in
assembling, rebuilding, repairing, upgrading,
trading, importing, exporting, marketing, and
licensing, with or without foreign collaboration, a
comprehensive range of information technology,
electronics, electrical, mechanical, communication,
security, and smart technology products and
solutions, including computers, monitors,
hardware, peripherals, networking systems, storage
media, consumables, office and communication
equipment such as PBX/EPBX, telecommunication
and satellite systems, surveillance and IoT devices,
along with their parts, spares, and accessories. The
Company shall also develop, modify, market, and
license software, operating systems, and
customized digital solutions, and undertake
research, innovation, system integration,
consulting, training, and commercialization of
advanced technologies including Artificial
Intelligence (AI), Machine Learning (ML),
Generative AI, Deep Learning, Natural Language
Processing (NLP), AI-driven analytics, computer
vision, autonomous surveillance, robotics, edge
computing, biometric systems, access control,
metal and vehicle surveillance systems, and related
smart technology solutions for industry, enterprise,
and government applications, including protection
and exploitation of intellectual property rights, and
such other activities as maybe deemed fit for
scaling the operations of the proposed company.
Turnover and other details – not applicable.
Whether the acquisition would fall within No.
related party transaction(s) and whether the
promoter/ promoter group/ group companies None of the Promoter/promoter group/group
have any interest in the entity being acquired? companies have any interest in the proposed
If yes, nature of interest and details thereof and incorporation.
whether the same is done at "arm’s length"
Industry to which the entity being acquired Technology and IT sector.
belongs
----- End of picture text -----

==> picture [501 x 34] intentionally omitted <==

		The incorporation is strategically aimed at expanding KSSPL’s presence in the B2G (Business-to-Government) sector. Through this incorporation, KSSPL will strengthen its position in technology and IT-enabled services, enabling backward integration. This strategic move aligns with KSSPL’s long-term growth objectives and enhances its capabilities to deliver comprehensive and integrated solutions to government clients. Except for the requisite approvals for incorporation from the MCA, no other governmental or regulatory approvals are required for the acquisition. 31stMarch , 2026 , subject to approval. Subscription to Memorandum of Association INR 100,000/- (Indian Rupees One lakh only) KSSPL will hold 100% of the proposed new entity, comprising 10,000 equity shares of Rs. 10/- each, upon closing of the transaction. Not applicable Country of Presence: India
	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	The incorporation is strategically aimed at expanding KSSPL’s presence in the B2G (Business-to-Government) sector. Through this incorporation, KSSPL will strengthen its position in technology and IT-enabled services, enabling backward integration. This strategic move aligns with KSSPL’s long-term growth objectives and enhances its capabilities to deliver comprehensive and integrated solutions to government clients.
	Brief details of any governmental or regulatory approvals required for the acquisition	Except for the requisite approvals for incorporation from the MCA, no other governmental or regulatory approvals are required for the acquisition.
	Indicative time period completion of the acquisition	31stMarch , 2026 , subject to approval.
	Nature of consideration - whether cash consideration or share swap and details of the same	Subscription to Memorandum of Association
	Cost of acquisition or the price at which the shares are acquired	INR 100,000/- (Indian Rupees One lakh only)
	Percentage of shareholding / control acquired and / or number of shares acquired	KSSPL will hold 100% of the proposed new entity, comprising 10,000 equity shares of Rs. 10/- each, upon closing of the transaction.
	Brief background about the entity acquired in terms of products / line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information(inbrief)	Not applicable Country of Presence: India

==> picture [501 x 34] intentionally omitted <==