Soma Papers & Industries Ltd

Soma Papers Expands into Tech with New AI & IoT Subsidiary 🚀

- New step-down subsidiary Ikshanaa Technology Solutions Private Limited will focus on IT, electronics, security, and smart technology

- Activities include AI, ML, and IoT solutions targeting government and enterprise sectors

- KS Smart Solutions Private Limited (wholly owned subsidiary) will hold 100% equity in the new entity

- Investment cost is INR 100,000 for 10,000 equity shares of Rs. 10 each

- Expected completion of subsidiary incorporation by March 31, 2026