KS Smart Technologies Limited — Major Shareholding Notification 2026

Apr 6, 2026

VIKASA India EIF I Fund

Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)	KS Smart Technologies Limited (Formerly known as Soma Papers and Industries Limited)
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	VIKASA India EIF I Fund
Whether acquirer belongs the to promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	BSE Limited
Details of the acquisition as follows	Number	% wrt total share/voting capital wherever applicable (*)	% w.r.t. total diluted share/voting capital of the ТC $(***)$
Before the acquisition under consideration, holding of acquirer along with PACs :
Shares carrying voting rights a)
Shares in the nature of encumbrance b). (pledge/ lien/ non-disposal undertaking/ others)
Voting rights (VR) otherwise than by shares C)
Warrants/convertible securities/any other d) instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category)	1,40,00,000		8.53
Total $(a+b+c+d)$ e)	1,40,00,000		8.53
Details of acquisition:
Shares carrying voting rights acquired (buy a) way of conversion) /sold	1,40,00,000	8.53	8.53
VRs acquired /sold otherwise than by b) shares
Warrants/convertible securities/any other C) instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold
Shares encumbered / invoked/released by d) the acquirer
Total $(a+b+c+/d)$ e)	1,40,00,000	8.53	8.53
After the acquisition holding of acquirer along with PACs of:
Shares carrying voting rights a)	1,40,00,000	8.53	8.53

VIKASA India EIF I Fund

Shares encumbered with the acquirer b)
VRs otherwise than by shares C)
Warrants/convertible securities/any other d)
instrument that entitles the acquirer to receive shares carrying voting rights in the
TC (specify holding in each category) after acquisition
e) Total $(a+b+c+d)$	1,40,00,000	8.53%	8.53%
Mode of acquisition (e.g. open market / off-	Conversion of warrants which were allotted on
market / public issue / rights issue / preferential allotment / inter-se transfer etc).	preferential allotment.
Salient features of the securities acquired	The warrants are converted at 1:1 ration and the
including time till redemption, ratio at which it can be converted into equity shares, etc.	equity Shares ranking pari-passu with the existing Shares of the Target Company.
Date of acquisition of date of receipt of
intimation of allotment of shares / VR/ securities/any warrants/convertible other	31 st March 2026
instrument that entitles the acquirer to receive
shares in the TC. Equity share capital / total voting capital of the	Rs. 115,47,56,100/- divided into 11,54,75,610
TC before the said acquisition	Equity Shares of Rs. 10/- each
Equity share capital/total voting capital of the TC	Rs. 164,07,00,000/ divided into 16,40,70,000
after the said acquisition	Equity Shares of Rs. 10/- each
Total diluted share/voting capital of the TC after the said acquisition	Rs. 164,07,00,000/- divided into 16,40,70,000 Equity Shares of Rs. 10/- each

For and on behalf of VIKASA India EIF I Fund

Signature of the acquirer / Authorised Signatory

Date: April 02, 2026

Place: Port Louis, Mauritius