EGM Details
- Date and Time: Wednesday, 25 November 2026 at 11:00 A.M. IST
- Mode: Video Conferencing / Other Audio-Visual Means
- Cut-off date for E-voting: Wednesday, November 18, 2026
- E-voting period: Commences Saturday, November 21, 2026 at 9:00 A.M. IST and ends Tuesday, November 24, 2026 at 5:00 P.M. IST
- Results declaration: On or before Wednesday, November 26, 2026
Business to be Transacted
Item No. 1: Increase in Authorized Share Capital & Consequent Alteration of MOA
- Current Authorized Share Capital: ₹1,75,00,00,000 (Indian Rupees One Hundred & Seventy-Five Crore) divided into 17,50,00,000 (Seventeen Crore Fifty Lakhs) equity shares of ₹10 each
- Proposed Authorized Share Capital: ₹2,40,00,00,000 (Indian Rupees Two Hundred and Forty Crore) divided into 24,00,00,000 (Twenty Four Crore) equity shares of ₹10 each
- Increase Amount: ₹65,00,00,000 (creating 6,50,00,000 additional equity shares)
- Resolution Type: Ordinary Resolution
- Legal Basis: Sections 61, 64 and other applicable provisions of Companies Act, 2013, SEBI Listing Regulations, and Memorandum and Articles of Association
Rationale for Capital Increase
The increase is required to accommodate the company's future capital requirements and proposed fundraising plans, which were approved by members through Postal Ballot on October 12, 2026. The additional headroom will support future business and growth requirements.
Voting Arrangements
- E-voting Service Provider: National Securities Depository Limited (NSDL)
- Scrutinizer: M/s Nuren Lodaya & Associates, Practising Company Secretaries (Membership No. FCS: 14090; CP No: 24248)
- Voting Rights: Proportional to share in paid-up equity share capital as on cut-off date (November 18, 2026)
- Voting Method: Remote e-voting only (no physical attendance or proxy facility available)
Document Distribution
The notice has been dispatched through electronic mode to members whose email addresses are registered with the Company/RTA as of October 23, 2026. The notice is also available on the company's website (https://ksstech.co) and NSDL's website (www.evoting.nsdl.com).
Board Approval
The Board of Directors approved the capital increase proposal on Friday, October 30, 2026, subject to member approval.
Governance Aspects
None of the Directors, Key Managerial Personnel, or their relatives are concerned or interested in the resolution. The Board recommends passing the Ordinary Resolution.
Technical Details
Members can access e-voting through multiple methods including NSDL e-Services, CDSL Easi/Easiest, or through their Depository Participants. Detailed voting procedures and helpdesk contacts are provided in the notice.