Notice of 02/2025-26 Extra-ordinary General Meeting of the Company is attached.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Soma Papers and Industries Limited (listed on BSE, CIN L21093TS1991PLC200966) has called its 2nd EGM of FY 2025-26 on Wednesday, January 21, 2026 at 11:00 AM via video conferencing, with a record date of January 14, 2026. Three special businesses are on the agenda: (1) Appointing M/s Sharp & Tannan, Chartered Accountants (Firm Reg. No. 003792S) as new statutory auditor to fill the casual vacancy caused by the resignation of M/s GMJ & Co. on November 14, 2025; (2) Changing the company's name from 'Soma Papers and Industries Limited' to 'KS Smart Technologies Limited' to reflect its pivot into end-to-end IT solutions, including the recent 100% acquisition of M/s KS Smart Solutions Pvt Ltd as a wholly-owned subsidiary in October 2025; and (3) Shifting the registered office from Telangana to Tamil Nadu for better growth opportunities. Items 2 and 3 require special resolutions, while Item 1 needs only an ordinary resolution.
This EGM signals a major strategic pivot for the company — from a legacy paper manufacturing business to an IT/technology-focused entity under the new 'KS Smart Technologies' brand. Shareholders should watch for approval of the name change and office shift, as well as the new auditor appointment which adds credibility for the upcoming FY2025-26 audit.