Monitoring Agency Report for the Quarter ended June 30, 2026

Ref no.: SE/2026-27/013 Date: August 14, 2026 BSE Limited PJ Towers, Dalal Street Mumbai - 400 001. Scrip Code: 516038 Sub: Monitoring Agency Report for quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby enclose the Monitoring Agency Report for the quarter ended June 30, 2026, issued by Infomerics Valuation and Rating Limited, in respect of the utilisation of funds raised pursuant to the issue of securities on a preferential basis. Kindly take the same on records. Thanking you. For KS Smart Technologies Limited (Formerly known as Soma Papers and Industries Limited) Priyanka Malpani Company Secretary & Compliance Officer A64349 Encl. +91 72003 94611 Registered and Corporate Office: No. 528, Anna Salai, Teynampet, hello@ksstech.co | ksstech.co Chennai, Tamil Nadu - 600018 CIN: L62099TN1991PLC196352 Monitoring Agency Report for KS Smart Technologies Limited (erstwhile Soma Papers & Industries Ltd) for the quarter ended June 30, 2026 Monitoring Agency Report August 14, 2026 KS Smart Technologies Limited (erstwhile Soma Papers & Industries Limited) Corporate Office: 528, Anna Salai, Teynampet, Chennai, Tamil Nadu Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential issue of KS Smart Technologies Limited (erstwhile Soma Papers & Industries Limited). We write in our capacity of Monitoring Agency for the Preferential Issue (Equity Shares & Convertible Warrants) conducted on a private placement basis for the amount aggregating to Rs. 176.60 crore of the Company and refer to our duties cast under 162A of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations). In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated 11th August 2025. Request you to kindly take the same on records. Thanking you, For and on behalf of Infomerics Valuation and Rating Limited Rekha Chokkalingam (Associate Director - Ratings) rekha.chokkalingam@infomerics.com Report of the Monitoring Agency Name of the Issuer: KS Smart Technologies Limited (erstwhile Soma Papers & Industries Limited) For quarter ended: June 30, 2026 Name of the Monitoring Agency: Infomerics Valuation and Rating Limited (a) Deviation from the objects: Yes^ (b) Range of Deviation: Not Ascertainable Indicate range of percentage deviation from the amount of issue proceeds earmarked for objects. For example, up to 10%, 10 – 25%, 25-50%, 50-75%, 75-100%, not ascertainable etc. * Range of Deviation may be computed by taking weighted average of financial deviation of each object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated separately by way of notes. ^ Rs 43.23 Cr has been paid for Repayment of existing debt of Wholly Owned Subsidiary towards Baaz Dynamics Pvt Ltd, which is a related party. Rs 0.23 Cr has been paid to K S Smart Solutions Pvt Ltd under GCP which is a Wholly Owned Subsidiary of K S Smart Technologies Limited. Rs 0.01 Cr from amount kept for issue related expenses has been utilised for GCP. As per NSE Circular No. NSE/CM/2022/56 dated December 13, 2022 and BSE Circular No. 022/2012-47 dated December 13, 2022, the company is permitted to deviate from the stated objects of the issue by up to ±10%. Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We declare that we do not have any direct / indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any conflict of interest in such relationship / interest while monitoring and reporting the utilization of issue proceeds by the issuer. We further declare that this report provides true and fair view of the utilization of issue proceeds. Signature: Name of the Authorized Person/Signing Authority: Rekha Chokkalingam Designation of Authorized person/Signing Authority: Associate Director - Ratings Seal of the Monitoring Agency: Date: August 14, 2026 1) Issuer Details: Name of the issuer: KS Smart Technologies Limited (erstwhile Soma Papers & Industries Ltd) Names of the promoters of the issuer: Mr. Anancha Perumal Selvi Keshav and Mr. Shankar Varadharajan Industry/sector to which it belongs: The Company is presently engaged in IT infrastructure contracts. 2) Issue Details: Issue Period: October 06, 2025 Type of issue (public/rights): Preferential Issue conducted on a private placement basis. Type of specified securities: Equity shares & Convertible Warrants Grading: Not Applicable Issue size (Rs in Crores): Rs. 176.60 crores (Note No. 1 & Note No. 2) Note 1 The offer comprises of preferential allotment of 1,66,67,690 equity shares at an issue price of Rs. 10/- per equity share aggregating to Rs 16.67 Cr; 4,86,67,850 equity shares at an issue price of Rs. 20/- each aggregating to Rs 97.34 Cr; 3,45,94,390 convertible warrants at Rs. 10/- per convertible warrant aggregating to Rs 34.59 Cr and 1,40,00,000 convertible warrants at Rs. 20/- per convertible warrant aggregating to Rs 28.00 Cr. Note 2 Particulars Remarks Amount (in Rs. crore) Approved by Board Total shares to be issued 6,53,35,540 114.00 Total convertible warrants to be issued 4,85,94,390 62.60 Gross Proceeds to be received 176.60 Issue Related Expenses 1.89 Net Proceeds to be received 174.71 Current Status Total shares issued 6,53,35,540 114.00 Total convertible warrants issued earlier now converted 4,85,94,390 62.60 Gross Issue proceeds 176.60 Issue Related Expenses 1.88 Net Issue proceeds 174.72 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Particulars Reply Source of information / Comments of Monitoring Comments of certifications considered by Agency Board of Monitoring Agency for Directors preparation of report Whether all the utilization is as per disclosure in No Bank Statements, CA Refer Note 1 - Offer Certificate*, Management Document? declaration Whether Shareholder approval is obtained in case No Not applicable - of material deviations from expenditures disclosed in Offer Document? Whether means of finance for disclosed objects of There is no change Not applicable Not applicable - the Issue has changed? in the means of finance for disclosed objects Any major deviation observed over the earlier Not applicable Not applicable Not applicable - monitoring agency reports? Whether all Government / Statutory approvals Yes Principal approval from BSE No Comments - related to the object(s) obtained? Whether all arrangements pertaini [Showing first 8,000 characters — download PDF for full document]