In furtherance to earlier intimations, the Company has infused additional funds to its wholly- owned subsidiary KS Smart Solutions Limited.
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KS Smart Technologies Ltd has made an additional investment in its wholly-owned subsidiary, KS Smart Solutions Private Limited (KSSPL), by acquiring 9,700 equity shares of ₹10 each at a steep premium of ₹48,150 per share, paid in cash on March 31, 2026. KSSPL, which operates in the Technology and IT sector offering IT hardware, software, skill development, smartphones, tablets, and emerging tech solutions, reported a standalone turnover of ₹69,655.55 lakhs in FY24-25, a sharp jump from ₹21,748.98 lakhs in FY23-24 and ₹6,337.34 lakhs in FY22-23. The investment is aimed at expanding KSSPL's presence and strengthening its operations. KSSPL will continue to remain a wholly-owned subsidiary, no related party interest is involved, and no regulatory approvals were required.
This is a capital infusion into an existing wholly-owned subsidiary, so there is no change in control or ownership structure for KS Smart Technologies shareholders. The move signals continued commitment to scaling the IT subsidiary, which has shown strong revenue growth, and may be positive for long-term value creation if growth sustains.