KS Smart Technologies Limited has announced a significant project win for its wholly owned subsidiary, with KS Smart Solutions Private Limited securing a contract worth approximately ₹33.80 crore from Haryana State Electronics Development Corporation Limited, a state government undertaking. The project represents a major milestone in the company's government sector engagement and technology deployment capabilities.

Project Overview

The awarded contract involves the deployment of 29,236 smartphones embedded with specialized Poshan Tracking Software under the World Bank aided ICDS Project-III. This initiative falls under the Social Welfare and Nutritious Meal Programme Department of the Government of Tamil Nadu, highlighting the project's focus on nutrition tracking and welfare program management.

Strategic Significance

The project demonstrates KS Smart Technologies' capabilities in delivering technology solutions for government welfare programs. The Poshan Tracking Software embedded in the smartphones will support the Integrated Child Development Services (ICDS) program, which is crucial for monitoring nutrition and welfare initiatives in Tamil Nadu.

Project Details and Timeline

The assignment requires immediate implementation with a firm completion deadline of May 21, 2026. The project involves:

• Deployment of 29,236 smartphones with specialized tracking software
• Integration with the World Bank aided ICDS Project-III framework
• Support for the Social Welfare and Nutritious Meal Programme Department operations
• Comprehensive technology solution for nutrition tracking and program management

Regulatory Compliance and Disclosure

KS Smart Technologies has formally notified BSE Limited through a regulatory filing dated February 24, 2026, under reference number SE/2025-26/Q4/23. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has confirmed that this project does not involve any related-party transactions and that promoters or group companies have no interest in the awarding entity. Company Secretary and Compliance Officer Priyanka Malpani has signed the formal disclosure, ensuring complete transparency in the announcement.

This project win strengthens KS Smart Technologies' position in the government technology solutions sector and demonstrates its subsidiary's capability to execute large-scale deployment projects for critical welfare programs.

KS Smart Technologies Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust consolidated performance despite standalone operational challenges. The Board of Directors approved the results at their meeting held on February 13, 2026.

Official Publication and Compliance

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its unaudited standalone and consolidated financial results in newspapers "Financial Express" and "ManaTelangana" on February 15, 2026. The company formally notified BSE Limited through a communication dated February 15, 2026.

Consolidated Financial Performance

The company delivered strong consolidated results driven by its subsidiary operations and recent acquisitions. The consolidated performance reflects the integration of KS Smart Solutions Private Limited and its subsidiaries acquired during the quarter.

Standalone Operations

The standalone entity reported operational losses as it transitions its business model and integrates new operations. The standalone performance shows the parent company's current operational status before subsidiary consolidation.

Strategic Acquisitions and Corporate Restructuring

During the quarter, the company completed a significant reverse acquisition by acquiring 100% equity shares of KS Smart Solutions Private Limited for ₹4,874 lakhs. The transaction was executed through the issuance of 4,87,37,920 equity shares of ₹10 each to KSS promoters, resulting in KSS promoters gaining controlling interest in the company.

The acquisition brought three entities under the consolidated umbrella:

• KS Smart Solutions Private Limited
• Five 28 Anna Salai LLP
• Southern Electric Metering Private Limited

Share Capital and Warrant Issuances

The company strengthened its capital base through multiple equity issuances approved at the Extraordinary General Meeting. Key capital raising activities included preferential allotments and warrant issuances to support growth initiatives.

Business Transformation and Future Outlook

The company amended its main business objectives to focus on end-to-end IT solutions, including hardware, software, training, and skilled manpower services. The expanded scope covers IT infrastructure, smart classroom solutions, emerging technologies like AR/VR, CCTV systems, and participation in government and institutional projects.

Subsequent to the reporting period, shareholders approved the company's name change to KS Smart Technologies Limited and the relocation of its registered office from Telangana to Tamil Nadu, reflecting its strategic business transformation.