• SENSEX 81,592.45
    -318.56 (--0.39%)
  • BANKNIFTY 61,034.10
    -484.40 (--0.79%)
Back

Corporate News

KS Smart Technologies to merge with subsidiary KS Smart Solutions, pending NCLT approval
14-Nov-2026, 08:30

KS Smart Technologies Limited, formerly known as Soma Papers and Industries Limited, announced that its board of directors approved a scheme of amalgamation for KS Smart Solutions Private Limited, a wholly owned subsidiary, to merge with the company, under Sections 230 and 232 of the Companies Act, 2013, with an effective date of April 1, 2026, subject to NCLT approval; the acquisition of KS Smart Solutions Private Limited was completed in October 2025 to strengthen KS Smart Technologies Limited’s market position.