NewsCorporate ActionsSoma Papers Strengthens Tech Portfolio with Additional Investment in KS Smart SolutionsSoma Papers Strengthens Tech Portfolio with Additional Investment in KS Smart Solutions
Soma Papers and Industries Limited has acquired a 100% equity stake in its wholly owned subsidiary, KS Smart Solutions Private Limited (KSSPL), for Rs. 3,60,620. The investment involves 36,062 equity shares at Rs. 10 each, completed on October 6, 2025. KSSPL, a technology company offering IT solutions, reported a consolidated turnover of Rs. 69,657.99 lakhs for FY 2024-25. The strategic move aims to expand KSSPL's presence in the B2G sector, strengthen its position in technology services, and enhance capabilities in surveillance systems and edutech solutions.
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Soma Papers and Industries Limited has announced a significant move to bolster its presence in the technology sector by making an additional investment in its wholly owned subsidiary, KS Smart Solutions Private Limited (KSSPL). This strategic decision, completed on October 6, 2025, involves the acquisition of a 100% equity stake in KSSPL, comprising 36,062 equity shares at Rs. 10 each, through cash consideration.
Investment Details
| Aspect | Details |
|---|---|
| Investment Type | 100% equity stake acquisition |
| Number of Shares | 36,062 |
| Share Value | Rs. 10 each |
| Total Investment | Rs. 3,60,620 |
| Completion Date | October 6, 2025 |
About KS Smart Solutions
KSSPL, incorporated on April 28, 2016, is a technology company that offers comprehensive IT solutions across hardware, software, and emerging technologies. Its services span various domains including:
- Software and app development
- IT infrastructure
- Training and digital solutions
- AR/VR technologies
- Smart city solutions
- E-commerce
- Digital marketing
For the financial year 2024-25, KSSPL reported the following financial results:
| Financial Metric | Amount (in lakhs) |
|---|---|
| Standalone Turnover | 69,655.55 |
| Consolidated Turnover | 69,657.99 |
Strategic Objectives
The investment aims to achieve several strategic objectives:
- Expand KSSPL's presence in the Business-to-Government (B2G) sector
- Strengthen its position in technology and IT-enabled services
- Enhance capabilities in surveillance systems and edutech solutions
This move aligns with KSSPL's growth strategy and is expected to improve its ability to deliver integrated solutions to government clients.
Regulatory Compliance
Soma Papers and Industries Limited has confirmed that this transaction does not fall under related party transactions. The company has also stated that no governmental or regulatory approvals were required for this acquisition.
Market Implications
This investment signals Soma Papers' commitment to diversifying its portfolio and capitalizing on the growing demand for technology solutions, particularly in the government sector. The move may potentially position the company to benefit from increased government spending on digital infrastructure and smart city initiatives.
As the technology sector continues to evolve rapidly, Soma Papers' strategic investment in KSSPL could provide it with a competitive edge in the market. However, investors and market watchers will likely keep a close eye on how this investment translates into tangible growth and profitability for the company in the coming years.
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