KS Smart Technologies' wholly-owned subsidiary, KS Smart Solutions, is proceeding with the incorporation of a new wholly-owned step-down subsidiary, Ikshanaa Technology Solutions.

The initial plan for 51% ownership has been revised, with KS Smart Solutions now holding 100% of the new entity.

This strategic move aims to expand the company's footprint in the Business-to-Government (B2G) sector, bolstering its technology and IT-enabled services offerings and enabling backward integration.

The new subsidiary will focus on a broad range of IT, electronics, smart technology products, AI, and software.

The investment cost is 0.01 Cr.