KS Smart Technologies Ltd has filed multiple disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing changes in shareholding patterns due to capital dilution. The latest disclosure involves Nimesh Sahadeo Singh as the acquirer, along with his persons acting in concert (PAC) - Kaushik Hasmukhlal Gandhi, Bijal Kaushik Gandhi, Priti Nimesh Singh, and Varshit Janak Shah. Previously, similar disclosures were filed for Jitendra Rasiklal Sanghavi and Hitesh Natwarlal Kawa groups.

Latest Shareholding Changes - Nimesh Sahadeo Singh Group

The most recent shareholding pattern shows significant percentage dilution despite no actual acquisition or sale of shares. The change stems entirely from an increase in the company's paid-up capital.

Previous Shareholding Changes - Jitendra Rasiklal Sanghavi Group

An earlier disclosure detailed similar dilution effects for the Jitendra Rasiklal Sanghavi group of shareholders.

Earlier Shareholding Changes - Hitesh Natwarlal Kawa Group

The first disclosure detailed dilution effects for another group of shareholders led by Hitesh Natwarlal Kawa.

Capital Structure Changes

The company's equity share capital underwent substantial expansion, leading to the dilution effect on existing shareholders' percentage holdings.

Regulatory Compliance

All three disclosures confirm that none of the acquirers - Nimesh Sahadeo Singh, Jitendra Rasiklal Sanghavi, or Hitesh Natwarlal Kawa - belong to the promoter or promoter group of KS Smart Technologies Ltd. The company's shares are listed on BSE Limited. The filings specify that no actual acquisition or disposal of shares occurred, with the percentage changes resulting solely from dilution due to increased paid-up capital. The date of allotment by the Board of Directors is mentioned as 31st March 2026, and all disclosures were filed on 1st April 2026 from Mumbai.

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.