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Soma Papers and Industries Limited (listed entity) informed BSE that its wholly owned subsidiary, KS Smart Solutions Private Limited, has secured a contract worth approximately ₹22.50 crores (inclusive of taxes) from the Ministry of Defence, Government of India. The contract involves the supply and commissioning of defence-grade surveillance equipment for the Indian Army, awarded through a competitive tender on the Government e-Marketplace (GeM) platform. Deliveries will be executed in phases between November 2025 and September 2026. The order has been granted by a domestic government entity and is not a related-party transaction.
This is a positive development — the subsidiary has bagged a sizable defence order from the Indian Army, which provides revenue visibility for the next ~10 months and signals entry into the government/defence segment. For shareholders, it could boost top-line growth and improve the company's standing, though execution risk and margins on defence contracts remain to be seen.