Announced Mon, 6 Apr · 17:26 IST

Intimation of adoption of new set of Articles of Association of the Company.

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+5.0%1-day move
₹219.05
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AI summary

KS Smart Technologies Limited (formerly Soma Papers & Industries Limited) has adopted a comprehensive new set of Articles of Association (AoA) based on Table F under the Companies Act, 2013, replacing its old AoA that was originally based on the Companies Act, 1956. The shareholders approved this change through a postal ballot. The company noted that several provisions in the existing AoA were no longer aligned with the current regulatory and business environment. The new AoA became effective from 03.04.2026.

Likely market impact

This is a routine corporate governance update aligning the company's constitutional documents with current statutory requirements. No material impact on stock price expected, though it reflects improved regulatory compliance.