Soma Papers & Industries Ltd — Important, 11-02-2026: Company Update

KS Smart Technologies' wholly-owned subsidiary, KS Smart Solutions, is proceeding with the incorporation of a new wholly-owned step-down subsidiary, Ikshanaa Technology Solutions. The initial plan for 51% ownership has been revised, with KS Smart Solutions now holding 100% of the new entity. This strategic move aims to expand the company's footprint in the Business-to-Government (B2G) sector, bolstering its technology and IT-enabled services offerings and enabling backward integration. The new subsidiary will focus on a broad range of IT, electronics, smart technology products, AI, and software. The investment cost is 0.01 Cr.