KS Smart Technologies Limited has successfully concluded its postal ballot process, with shareholders unanimously approving all seven special resolutions through remote e-voting. The company submitted its voting results to BSE Limited on April 06, 2026, confirming strong shareholder participation and complete consensus on key board appointments and governance changes.

Postal Ballot Overview

The remote e-voting facility was available from Thursday, March 05, 2026, to Friday, April 03, 2026, at 05:00 P.M. (IST). The company had 2,583 total shareholders on the record date of Friday, February 27, 2026. M/s. Nuren Lodaya & Associates, Practicing Company Secretaries, served as the scrutinizer for the postal ballot process.

Key Board Appointments Approved

Shareholders approved several critical leadership appointments that will shape the company's future direction. The appointment of Keshav A S as Managing Director & Chairman received 5,39,07,742 votes in favor, representing 46.68% of total outstanding shares. Notably, votes cast by Mr. Keshav A S himself were treated as invalid due to related party provisions under the Companies Act, 2013.

Executive Leadership Changes

Independent Directors Appointed

The company strengthened its board governance by appointing three independent directors for five-year terms. Each appointment received unanimous approval from participating shareholders:

• Reshma Dilip Kumar (DIN: 11482128) - Non-Executive Independent Director
• Puneet Rakesh Pandey (DIN: 11498006) - Non-Executive Independent Director
• Rajan Chaurasiya (DIN: 11235791) - Non-Executive Independent Director

All three independent director appointments received 8,66,10,047 votes in favor with 100% approval rate from participating voters.

Voting Pattern Analysis

The voting results demonstrated strong alignment between promoter and public shareholders across all resolutions. The promoter and promoter group, holding 6,54,05,610 shares, participated fully in most resolutions with 100% voting rate. Public non-institutional shareholders, holding 5,00,58,489 shares, showed 42.36% participation rate with unanimous support for all proposals.

Scrutinizer's Report Confirms Compliance

The scrutinizer's report issued by M/s. Nuren Lodaya & Associates confirmed that all resolutions were passed with requisite majority as per applicable regulations. The report noted that 25 members participated in the remote e-voting process across all resolutions except the Managing Director appointment, where one vote was declared invalid due to related party provisions.

Governance Enhancement

Shareholders also approved the alteration and adoption of new articles of association in substitution of existing articles, aligning the company's governance framework with the Companies Act, 2013. This resolution received the same level of support as the independent director appointments, with 8,66,10,047 votes in favor.

The voting results and scrutinizer's report are available on the company's website at https://ksstech.co/ and NSDL's e-voting platform at www.evoting.nsdl.com . The company secretary Priyanka Malpani signed the submission to BSE Limited, confirming compliance with Regulation 30 and 44 of the SEBI (LODR) Regulations, 2015.

KS Smart Technologies Limited has announced the adoption of a new set of Articles of Association, marking a significant corporate governance update for the company formerly known as Soma Papers & Industries Limited. The shareholders approved this change through postal ballot, with the new provisions becoming effective from April 03, 2026.

Regulatory Compliance and Communication

The company communicated this development to BSE Limited on April 06, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Company Secretary & Compliance Officer Priyanka Malpani and addressed to the exchange management.

Rationale for Articles Amendment

The company provided detailed justification for adopting the new Articles of Association. The existing AoA were originally based on provisions of the Companies Act, 1956, which had become outdated in the current regulatory and business environment. Upon review, management identified that several provisions were no longer aligned with contemporary requirements.

The new Articles of Association are comprehensively based on Table F under the Companies Act, 2013, and will substitute and exclude the existing AoA entirely. This update aims to reflect prevailing statutory provisions and address current business needs more effectively.

Document Availability and Access

KS Smart Technologies Limited has made the amended Articles of Association available for stakeholder inspection through multiple channels:

• Physical inspection at the company's registered office
• Digital access through the company website at https://ksstech.co/

The company has ensured transparency by providing easy access to these important governance documents for shareholders and other interested parties.

Corporate Governance Enhancement

This adoption of new Articles of Association represents a proactive approach to corporate governance modernization. By aligning with the Companies Act, 2013 framework, KS Smart Technologies Limited demonstrates its commitment to maintaining current regulatory compliance and operational efficiency in its corporate structure.