Intimation of Incorporation of step-down wholly owned subsidiary
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KS Smart Technologies has incorporated a step-down wholly owned subsidiary named Ikshanaa Technology Solutions Private Limited in Chennai on February 24, 2026. The new company is fully owned by KS Smart Solutions Pvt Ltd (KSSPL), which itself is a wholly owned subsidiary of KS Smart Technologies. The cost of incorporation was just INR 1 lakh (initial subscription to MOA). The new entity will operate in the technology and IT sector, focusing on AI, ML, IoT, surveillance, and smart technology solutions targeted at government clients (B2G). Business operations have not yet commenced and there is no turnover to report.
This is a small, strategic step toward expanding KS Smart's B2G technology business, but since the entity is newly formed with no operations or revenue yet, there is no immediate financial impact on shareholders. Investors should watch for future updates on business plans and contracts from this subsidiary.