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IKIO Technologies Limited Merger & Acquisition 2026

Jan 3, 2026

59691_rns_2026-01-03_ff59b6f2-7979-41f3-9c72-5459e88e284d.pdf

Merger & Acquisition

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BSELimited TheNationalStockExchangeofIndia
DalalStreet, Limited
PhirozeJeejeebhoyTowers, ExchangePlaza,5thFloor, PlotNo.C/1,
Mumbai400001 GBlock,Bandra-KurlaComplex,
ScripCode:543923 Bandra(East),Mumbai400051.
Symbol:IKIO

Sr.No. Particulars Details
a) Nameofthetargetentity,details inbrief GravusTechPrivateLimited(“Gravus”),a
suchassize,turnoveretc newlyincorporatedprivatelimited
companyinIndia,incorporatedon
September02,2025.Thecompanyhasa
paid-upsharecapitalofZ1,00,000.Asthe
companyisnewlyincorporated,therefore
doesnothaveanyturnover.
b) whethertheacquisitionwouldfallwithinrelatedpartytransaction(s)and Thistransactiondoesnotconstitutea relatedpartytransaction.
whetherthepromoter/promotergroup/
groupcompanieshaveanyinterestin IKIOTechnologiesLimited,promoter
theentitybeingacquired? /promotergroupanditssubsidiariesdonot
haveanyinterestinGravusTechPrivate
If yes,natureofinterestanddetails Limited.
thereofandwhetherthesameisdoneat
“arm’slength.
) industrytowhichtheentitybeing Marketingofalltypesofelectronicgoods,
acquiredbelongs parts,gadgets,instrumentsandappliances,
LEDLights,LEDFixture,LEDDriverand
otherelectronicsgoodsandpartsthereof.
Further,GravusTechPrivateLimitedisled
byMr.GurjitSingh,Director,whohasover
adecadeofexperienceinmarketing
electronicandLEDproducts.TheIKIO
Groupisexpectedtobebenefitedfromhis
marketingexpertise,whichwillsupportand
strengthenthemarketinganddistributionof
theIKIOGroup’sproducts.
d) objectsandimpactofacquisition(includingbutnotlimitedto,disclosure GravusTechPrivateLimitedwillbeutilizedformarketinganddistributionof
ofreasonsforacquisitionoftarget IKIOGroupproducts,therebysupporting
entity,ifitsbusinessisoutsidethemain thebusinessexpansionandincreasing
lineofbusinessofthelistedentity) marketreachfortheGroup.
) briefdetailsofanygovernmentalorregulatoryapprovalsrequiredforthe Notapplicable
acquisition
indicativetimeperiodforcompletionof Theacquisitionwillbecompletedafter
theacquisition executionofsharepurchaseagreement
betweenthepartiesandaftercompletionthe
statutoryformalitiesasperapplicablel%
<2

|2)|Consideration-whethercash| Cashconsideration|Consideration-whethercash| Cashconsideration| |---|---|---| ||considerationorshareswaporany|| ||otherformanddetailsofthesame|| |h)|costofacquisitionand/orthepriceat| 8800Sharesacquired@ Rs.10Eachi.e.Rs.|| ||whichthesharesareacquired|88000| |i)|percentageofshareholding/ control| IKIOSolutionsPrivateLimitedhas|| ||acquiredand/ ornumberofshares| acquired88%equitysharcholdingin|| ||acquired|GravusTechPrivateLimitedfromthe| |||existingsharcholder,Mr.GurjeetSingh,at| |||apriceof%10per equityshare.| |J)|briefbackgroundabouttheentity| SincetheCompanyhasbeenrecently|| ||acquiredintermsofproducts/lineof|incorporatedonSeptember02,2025,with| ||businessacquired,dateof|theprimaryobjectiveofengaginginthe| ||incorporation,historyoflast3 years|marketingofalltypesofelectronicgoods,| ||turnover,countryinwhichtheacquired|parts,gadgets,instrumentsandappliances| ||entityhaspresenceandanyother|includingLEDlights,LEDfixtures,LED| ||significantinformation(inbrief)|driversandotherelectroniccomponents.| |||Asthecompanyisnewlyincorporated,| |||thereforedoesnothaveanyturnover.|