KS Smart Technologies Limited has announced a strategic investment in its wholly owned subsidiary KS Smart Solutions Private Limited (KSSPL) on March 31, 2026. The investment involves the acquisition of additional equity shares as part of the company's ongoing expansion strategy in the technology sector.

Investment Details

The company has made a cash investment through the acquisition of equity shares in KSSPL. The transaction demonstrates KS Smart Technologies' commitment to strengthening its subsidiary's operations and expanding its business presence.

Subsidiary Performance and Operations

KSSPL operates in the technology and IT sector, focusing on comprehensive technology solutions. The subsidiary has demonstrated strong financial performance with significant growth in recent years.

Financial Performance

Business Operations

KSSPL is engaged in technology innovation, offering end-to-end IT solutions across multiple domains:

• Core Services: CCTV installations, software development, mobile applications, website development, IT upgrades, support and maintenance
• Training Programs: IT skill development training across various technologies
• Hardware Solutions: Reselling of computing hardware including smartphones, tablets, desktops, laptops, printers, servers, and smart devices
• Emerging Technologies: Solutions in augmented reality, virtual reality, entertainment, edutainment, smart city e-commerce, and digital marketing

Strategic Objectives

The acquisition is strategically aimed at expanding KSSPL's market presence and strengthening operational capabilities. The investment aligns with the company's business requirements and long-term strategic objectives in the technology sector. KSSPL will continue to remain a wholly owned subsidiary following this additional investment.

The transaction required no governmental or regulatory approvals and was completed as scheduled on March 31, 2026. This investment represents KS Smart Technologies' continued focus on building its technology capabilities and expanding its footprint in the IT solutions market.

KS Smart Technologies Limited has announced a major project award to its wholly-owned subsidiary, marking a significant business development in the government technology deployment sector. The company disclosed this development through a regulatory filing dated March 25, 2026.

Project Award Details

KS Smart Solutions Private Limited, the wholly-owned subsidiary of KS Smart Technologies, has received a work order from Kerala State Electronics Development Corporation Ltd. (KELTRON), a Government of Kerala undertaking. The project has been awarded for the Women and Child Development Department, Government of Gujarat.

Scope of Work

The assignment involves the deployment of smartphone technology under the Integrated Child Development Services (ICDS) scheme. The project specifications include:

• Device Type: Samsung Galaxy Smartphone A06 5G
• Specifications: 6GB RAM/128GB storage
• Quantity: 55,523 units
• Implementation: Under ICDS scheme framework

Project Characteristics

The project represents a domestic engagement with no related-party transaction implications. The company has confirmed that promoter groups have no interest in the awarding entity, ensuring transparency in the business arrangement.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Priyanka Malpani, Company Secretary & Compliance Officer, ensuring proper regulatory adherence.

This project award demonstrates the subsidiary's capability in large-scale technology deployment projects for government initiatives, particularly in the child development and welfare sector.