KS Smart Technologies Limited has announced securing a substantial purchase order worth ₹4.38 crores from Kerala State Electronics Development Corporation Ltd. (KELTRON), a Government of Kerala undertaking. The order represents a comprehensive digital display infrastructure deployment project that showcases the company's expanding capabilities in technology implementation and service delivery.

Project Scope and Specifications

The awarded project encompasses an end-to-end implementation mandate involving the deployment of digital display infrastructure across multiple locations in Tamil Nadu. The comprehensive scope includes supply, installation, testing, commissioning, and operational readiness of equipment across numerous Anganwadi centres.

Implementation Framework

The project falls under the Social Welfare and Nutritious Meal Programme Department, Tamil Nadu, as part of the World Bank ICDS Project III. The assignment requires coordinated on-ground execution, infrastructure alignment, and post-deployment support, reflecting KS Smart Technologies' capabilities in distributed technology deployment.

The nature of the engagement extends beyond simple equipment supply, structured as a comprehensive implementation covering:

• Complete supply chain management for 2,233 units
• Professional installation across multiple Anganwadi centres
• Systematic testing and commissioning procedures
• Operational readiness certification
• Post-deployment support services

Corporate Compliance and Disclosure

The company has confirmed that this order does not constitute a related-party transaction, and no promoter, promoter group, or group companies have any interest in KELTRON. The domestic nature of the agreement aligns with the company's strategic focus on local market expansion and government sector engagement.

This significant order win demonstrates KS Smart Technologies' growing presence in the government sector and its ability to execute large-scale technology deployment projects with stringent timelines and quality requirements.

Source: None/Company/INE737E01011/21b02dee-5d17-499b-b5cb-a1905a0d1feb.pdf

Soma Papers & Industries Limited has announced the successful completion of its open offer, marking a significant transition in the company's ownership structure and management control. The development follows the previously scheduled open offer by Mr. Shankar Varadharajan and Mr. Anancha Perumal Selvi Keshav to acquire up to 4,26,58,200 equity shares representing a 26% stake in the company.

Open Offer Completion and Management Transition

The company informed BSE Limited on January 15, 2026, that the open offer made to public shareholders has been successfully completed. Consequent to this completion, the acquirers have gained control of the company, resulting in a change of management and control effective from January 15, 2026.

The Board of Directors has formally acknowledged the completion of the open offer and the resultant change in management structure. This transition represents the culmination of the acquisition process that began with the revised schedule following SEBI observations in November 2025.

Key Transaction Details

The open offer maintained its original pricing and structure despite the schedule revisions:

Promoter Reclassification

In accordance with Regulation 31A (10) of the SEBI LODR Regulations, the Board has noted the reclassification of erstwhile promoters from the "Promoter and Promoter Group" category to the "Public" category. This reclassification takes effect from the date of change in management and control, aligning with the intent disclosed in the Letter of Offer.

The company has confirmed that all conditions and compliances prescribed under Regulation 31A (10) for such reclassification have been duly satisfied. The announcement was signed by Vanteddu Lakshmi Priya Darshini, Whole-time Director & CFO, indicating the formal completion of all regulatory requirements.

Timeline Completion

The successful completion comes after the revised schedule that was updated following SEBI's observation letter. The offer, which opened on November 28, 2025, and closed on December 11, 2025, has now reached its final stage with the payment of consideration and formal management transition completed by January 15, 2026.

This development marks the end of the acquisition process and establishes new management control at Soma Papers & Industries Limited, with all regulatory compliances fulfilled as per SEBI requirements.