KS Smart Technologies Limited has scheduled its 35th Annual General Meeting for Wednesday, September 30, 2026, at 11:00 AM (IST), to be held through Video Conferencing/Other Audio Visual Means, alongside the release of its Annual Report for FY 2025-26.

The company, formerly known as Soma Papers and Industries Limited, reported consolidated revenue from operations of ₹1,31,192.09 lakhs for FY 2025-26, compared to ₹68,825.53 lakhs in FY 2024-25. Consolidated Profit After Tax stood at ₹7,433.01 lakhs versus ₹2,014.45 lakhs in the prior year. EBITDA for the group reached ₹13,287.11 lakhs, up from ₹4,160.07 lakhs in FY25, representing growth of 265.12%. Earnings Per Share on a consolidated basis was ₹9.17.

AGM Schedule and E-Voting Details

The key dates for the AGM and remote e-voting process are as follows:

Members wishing to speak during the AGM may register as speakers by sending a request on or before September 23, 2026 to secretarial@kssmart.co . The AGM notice and Annual Report for FY 2025-26 are available on the company's website at https://ksstech.co/investors and on the NSDL website at www.evoting.nsdl.com .

Key Agenda Items

The AGM will transact the following ordinary and special business:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026
• Re-appointment of Mr. Rohan Ramaswamy (DIN: 07079289) as Executive Director, retiring by rotation
• Appointment of M/s. Sharp and Tannan, Chartered Accountants (FRN: 003792S), as Statutory Auditors for a first term of five consecutive years from the conclusion of the 35th AGM to the conclusion of the 40th AGM, at a remuneration of ₹30,00,000/- (Rupees Thirty Lakhs only) towards audit fee, excluding applicable taxes and other fees, for FY 26-27
• Approval under Section 185 of the Companies Act, 2013 for loans, guarantees, or securities up to an aggregate outstanding amount not exceeding ₹1,000 Crores
• Ratification of utilisation of ₹43.46 crore out of preferential issue proceeds of ₹176.60 crore towards repayment of existing debt of wholly owned subsidiary KS Smart Solutions Private Limited and general corporate purposes

Consolidated Financial Performance

The group's consolidated financial highlights for FY 2025-26 compared to FY 2024-25 are presented below (amounts in lakhs):

On a standalone basis, the company reported gross sales and other income of ₹205.63 lakhs for FY 2025-26, against nil in FY 2024-25. The standalone loss for the year was ₹32.28 lakhs compared to a loss of ₹19.44 lakhs in the prior year.

Preferential Issue and Utilisation

During the year, the company completed a preferential issue of equity shares and fully convertible warrants aggregating to ₹176.60 crore, approved by members at the Extra-Ordinary General Meeting held on September 4, 2025. The objects included repayment of existing debt of KS Smart Solutions Private Limited amounting to ₹75.00 crore and general corporate purposes of ₹22.00 crore. The monitoring agency, Infometrics Valuation and Rating Limited, reported in its quarterly report for the quarter ended June 30, 2026 that ₹43.23 crore was utilised towards repayment of KSSPL's debt owed to Baaz Dynamics Private Limited (a related party) and ₹0.23 crore was utilised under general corporate purposes. The Board has confirmed no deviation or variation in the objects or quantum of utilisation from those approved by members, and the matter is being placed before members for ratification.

Key Financial Ratios (Consolidated)

The company's registered office is located at No. 528, Anna Salai, Teynampet, Chennai, Tamil Nadu 600018. The AGM scrutiniser is M/s. Nuren Lodaya & Associates, Practising Company Secretary. Results will be declared within the timeline stipulated under applicable laws and placed on the company's website and NSDL's website.

KS Smart Technologies ' wholly-owned subsidiary, KS Smart Solutions Private Limited, has secured a significant order worth approximately ₹111.35 crore from U.P. Development Systems Corporation Limited (UPDESCO) to establish a large-scale Digital Libraries Infrastructure Project across Uttar Pradesh. This strategic win is expected to strengthen the company's position in the Digital Infrastructure and e-Governance sector while augmenting its order book. The project aims to enhance digital access and technology-enabled learning in rural areas through digitally connected library facilities.

The scope of the turnkey project encompasses the design, deployment, installation, commissioning, networking, and operationalization of integrated digital library infrastructure. This includes the supply of computing systems, digital access devices, smart display solutions, surveillance, and connectivity infrastructure, along with comprehensive onsite warranty and support services. The contract is domestic in nature and falls outside the scope of related-party transactions.

Project Details and Implementation

The implementation schedule targets completion by October 2026, as stipulated in the Letter of Intent and the definitive agreement to be executed. The project covers 11,350 locations across various Gram Panchayats in the state. The infrastructure setup requires substantial hardware deployment to ensure operational readiness across these sites.

The aggregate contract value of ₹111.35 crore is inclusive of applicable taxes and duties. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the order.