News Stocks KS Smart Technologies Modifies Shareholding Structure for Step-Down Subsidiary IncorporationKS Smart Technologies Modifies Shareholding Structure for Step-Down Subsidiary Incorporation
KS Smart Technologies Limited has modified its step-down subsidiary incorporation plan, with KS Smart Solutions Private Limited now set to hold 100% equity instead of the previously proposed 51%. The new entity, Ikshanaa Technology Solutions Private Limited, will focus on comprehensive IT and technology solutions for government applications, involving an investment of INR 1,00,000 for 10,000 equity shares. The strategic move aims to strengthen the company's position in the Business-to-Government sector with completion targeted by March 31, 2026.
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KS Smart Technologies Limited has updated its corporate structure plans, announcing a significant modification in the shareholding arrangement for its proposed step-down subsidiary. The company informed BSE Limited on February 11, 2026, that its wholly owned subsidiary KS Smart Solutions Private Limited will now acquire 100% equity stake in the new entity, revising the earlier proposal of 51% shareholding.
Modified Shareholding Structure
The revision transforms the proposed entity into a wholly owned step-down subsidiary of KS Smart Technologies Limited. This strategic adjustment strengthens the company's control over the new venture while maintaining complete operational oversight.
| Parameter: | Details |
|---|---|
| Subsidiary Name: | Ikshanaa Technology Solutions Private Limited |
| Shareholding: | 100% (revised from 51%) |
| Parent Entity: | KS Smart Solutions Private Limited |
| Investment Amount: | INR 1,00,000 |
| Share Structure: | 10,000 equity shares of Rs. 10 each |
Business Scope and Operations
The proposed step-down subsidiary will operate in the technology and IT sector, focusing on comprehensive solutions for government applications. The entity's business activities will encompass assembling, rebuilding, repairing, upgrading, trading, importing, exporting, marketing, and licensing of information technology, electronics, electrical, mechanical, communication, security, and smart technology products.
Key operational areas include:
- Development and licensing of software, operating systems, and customized digital solutions
- Advanced technology research including Artificial Intelligence, Machine Learning, and Generative AI
- IoT devices, surveillance systems, and biometric solutions
- System integration, consulting, and training services
- Computer vision, autonomous surveillance, and robotics solutions
Strategic Objectives
The incorporation aims to expand KS Smart Solutions Private Limited's presence in the Business-to-Government sector. This strategic move enables backward integration while strengthening the company's position in technology and IT-enabled services. The initiative aligns with long-term growth objectives and enhances capabilities to deliver integrated solutions to government clients.
Transaction Details
| Aspect: | Information |
|---|---|
| Consideration Type: | Subscription to Memorandum of Association |
| Regulatory Approvals: | MCA incorporation approval required |
| Expected Completion: | March 31, 2026 |
| Country of Operations: | India |
| Related Party Interest: | None from promoter/promoter group |
The company confirmed that no promoter, promoter group, or group companies have any interest in the proposed incorporation. Apart from requisite approvals for incorporation from the Ministry of Corporate Affairs, no additional governmental or regulatory approvals are required for this transaction.
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