Intimation with respect towards receipt of a project by the School Education Department, Punjab.
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Soma Papers and Industries Limited informed BSE that its wholly owned subsidiary, KS Smart Solutions Private Limited, has been awarded a project worth approximately ₹58.97 crore (inclusive of taxes and duties) by the School Education Department, Punjab. The project involves deploying 4,960 interactive panels across government schools as part of the state's digital learning initiative, along with a software environment for real-time device monitoring, usage analytics, dashboards, and inventory tracking. It also includes a five-year onsite warranty and support package covering helpdesk, field maintenance, software updates and spares. The tentative completion timeline is 01 April 2026. The order is domestic, and the promoters/group companies have no interest in the awarding entity, so it is not a related-party transaction.
This is a sizeable order for the group's subsidiary and adds long-term service revenue visibility over the five-year warranty period. For retail shareholders, it is a positive development as it strengthens the subsidiary's order book, though the small-cap profile means execution and receivables from a state government should be watched closely.