Ref no.: SE/2026-27/007
Key Details of Contract Award
The company's wholly-owned subsidiary, KS Smart Solutions Private Limited, has received a Letter of Intent (LoI) from U.P. Development Systems Corporation Limited (UPDESCO), a Government of Uttar Pradesh undertaking.
Project Scope and Specifications
The contract is for establishing a large-scale Digital Libraries Infrastructure Project across various Gram Panchayats in the State of Uttar Pradesh. The turnkey project encompasses:
- Design, deployment, installation, commissioning, networking and operationalization of integrated digital library infrastructure
- Computing systems, digital access devices, smart display solutions, surveillance and connectivity infrastructure
- Comprehensive onsite warranty and support services
- Supply and installation across 11,350 locations comprising:
- 22,700 desktop computers
- 11,350 multifunction printers
- 22,700 UPS units
- 11,350 HD web cameras
- 11,350 smart LED TVs
Financial Consideration
The aggregate value of the contract is approximately ₹111.35 crore, inclusive of applicable taxes and duties.
Project Timeline
The order/contract is to be executed by October 2026 or such other time period as may be stipulated under the implementation schedule set out in the LoI and the definitive agreement to be executed between the parties.
Transaction Characteristics
- Domestic entity: The order was entered by a domestic entity (UPDESCO)
- Domestic operation: The project is entirely domestic within Uttar Pradesh
- Non-related party: The promoter/promoter group/group companies have no interest in UPDESCO
- Arm's length: The order does not fall within related-party transactions
Strategic Impact and Purpose
The project aims to enhance digital access and technology-enabled learning across rural areas through digitally connected library facilities. It is expected to strengthen the Company's position in the Digital Infrastructure and e-Governance sector and augment its order book.