KS Smart Technologies Infuses Additional Funds into Subsidiary KS Smart Solutions

KS Smart Technologies Ltd. has made a further investment in its wholly owned subsidiary, KS Smart Solutions Private Limited (KSSPL), on March 31, 2026. The investment, amounting to the acquisition of equity shares, is in line with the company's business requirements and strategic objectives. KSSPL, which operates in the technology and IT sector, achieved a standalone turnover of ₹69,655.55 lakhs and a consolidated turnover of ₹69,657.99 lakhs for the financial year 2024-25. The acquisition is strategically aimed at expanding KSSPL's presence and strengthening its operations and business. The company acquired 9,700 equity shares of ₹10/- each at a premium of ₹48,150/- per equity share. KSSPL will continue to remain a wholly owned subsidiary of the company. KSSPL is engaged in the business of technology innovation, offering end-to-end IT solutions, and recorded a standalone turnover of ₹69,655.55 lakhs for the financial year 2024-25. The entity is based in India.